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ISIS and F&C to merge

ISIS Asset Management and F&C are to merge. As part of the deal the ISIS brand will drop in favour of F&C.

Howard Carter will head the newly formed firm as chief executive with Robert Jenkins staying on as a non-executive chairman.

Isis Asset Management head of communications and strategy Jason Hollands says both sides are extremely excited about what they believe is a totally transforming manoeuvre.

He says: “Our strategy was to be a top five player by 2007 and this makes us number four ahead of schedule.”


Management buyout at Key Retirement Solutions

Specialist equity release IFA Key Retirement Solutions has announced a management buyout from Chesnara, formerly part of Countrywide Assured. The board of directors comprises four members of the existing management team who have invested private equity in the company, managing director Colin Taylor, business development director Dean Mirfin, operations director Paul Wilson, and sales director […]

Reid snub for PMI in NHS five-year plan

Health Secretary John Reid&#39s five-year plan for the NHS encourages consumer choice but there are still few incentives to contribute to PMI, according to industry experts. Reid hopes that over £90bn will go to the NHS by 2008. His plan for the private sector is for the NHS to continue to bulk-buy routine operations. Reid […]


At last we have the details of the charge cap and simplified sales process for Sandler products. Now the hard work begins. The proposed process requires careful consideration by potential Sandler distributors. As it is an advice process, the distributor will be liable for the advice given and the process therefore has to carry the […]

Fund sales plummet 84 per cent

Net fund sales plummeted by 84 per cent from April to May, leaving retail investment languishing at its lowest level since September 2002, according to the IMA. Its monthly figures reveal that overall retail sales slumped from £801m in April to £126m in May while Isa sales dropped more than 65 per cent from £587m […]

UK policy: Kate Moss and short-termism

“Nothing tastes as good as skinny feels,” said supermodel Kate Moss, who is not often credited for her insights into policy making. Perhaps she should be. In politics, as in matters of diet, the course of action that is the best over the long term is often not the most desirable course of action in the short term. Add the instant gratification of the democratic electoral cycle and, instead of good policy making, you sometimes get the equivalent to a midnight binge in front of the fridge.

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The value of an investment and any income from it can fall as well as rise and you may not get back the amount originally invested. Forecasts and past performance are not a guide to future performance. Some information and statistical data herein has been obtained from sources we believe to be reliable but in no way are warranted by us as to their accuracy or completeness. These are Neptune’s views and as such this document is deemed to be impartial research. We do not undertake to advise you of any change to our views.


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