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James takes over as president of CII

The Chartered Insurance Institute has elected Julian James as president.

James, who is chief executive of insurance broker Lockton Companies International, was elected at the CII’s annual general meeting in London last week. He takes over from Allianz UK general manager Chris Hanks.

Axa Commercial chief executive Amanda Blanc was elected deputy president.

Speaking at the AGM, James said: “It is a great honour to take the presidency of the CII and I am fortunate that my year in office coincides with the centenary of the CII receiving its royal charter. “Each year, the incoming president chooses a theme for their year in office and I have decided to focus on the next generation of talent. Attracting the best talent to our sector is vital to ensuring the future growth of our profession.”

CII chief executive Alexander Scott said: “2010 was extremely important for the CII. With the support of our members and corporate partners, we can claim to be on a sound financial footing and despite the challenges of the economy, we emerge from last year in good shape.

“All that we achieve is only possible because of the hard work and commitment of those members who believe excellence is the benchmark by which our profession should be judged. I would like to thank all those members who advocate professionalism and provide so much support for our work.”


Source sets up platform for OPPs

Dublin-based employee benefits firm Source Pensions and Investment Company has launched a corporate platform for occupational pension schemes in the UK. Source Pensions launched in the UK last week with the service. It says it unbundles administration and investment management activities to allow pension schemes flexibility in their investment choice and provide a streamlined, cost […]

OBR: 2011 growth unlikely to hit 1.7% target

Office for Budget Responsibility chairman Robert Chote expects growth for 2011 to fall short of the 1.7 per cent target his organisation set out in March. In an interview with the Independent, Chote says the 0.7 per cent growth in the first half of 2011 was weaker than most observers expected. He says: “Back in […]

Just Retirement reports 13% sales boost

Just Retirement’s total group sales jumped 13.3 per cent from £1,002m last year to £1,135m in the 12 months to June 30 this year driven by a final quarter surge in annuity sales, unaudited fourth quarter results show. Total annuity policy sales increased 11 per cent from £804.6m in 2009-10 to £892.9m in 2010-11. This […]

FSA says platforms must consider orphan client strategies

The FSA has raised platform concerns over what happens to clients who no longer want to deal with their adviser. In its policy statement ps11/9 published today, the FSA warned platforms they will have to “carefully consider its contractual obligations” to clients who decide they no longer require the services of an adviser. It says […]

A bull case for US equities?

Neptune video: a bull case for US equities?

Watch Felix Wintle, head of US equities at Neptune, discuss why he believes US equities are in a structural bull market and the key factors that can drive the S&P 500 higher.

In the video, Wintle addresses the following:

• The US market and why — despite equities rising from 2009 — he believes the structural bull market only started in 2013
• Key economic and corporate factors that can drive the S&P 500 higher
• Investment themes and sectors offering exposure to the domestic recovery


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