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Jewel Of a Prize

Holly Golightly is clearly dazzled by the wad that Robert Clarke of Smith and Pinching Financial Services has scooped for winning the recent Scottish Equitable/Money Marketing Breakfast at Tiffany&#39s pensions competition.

Clarke, who received the prize of a trip to New York and $1,000 to spend at Manhattan&#39s uber-chic jewellers Tiffany&#39s.

Pictured right presenting the prize is Scottish Equitable head of group pension sales Steve Lewis.

The Diary would like to know why Audrey Hepburn has a ginger cat around her neck.


MCCB will name and shame and tighten up on PI

The Mortgage Code Compliance Board is set to change its rules to allow it to name and shame firms it has disciplined and to tighten up its professional indemnity insurance requirements.It is proposing the two rule changes from May 1, when brokers must re-register with the MCCB, and is giving firms until March 7 to […]

&#39Life firms should hold only 15% in equities&#39

Credit Suisse First Boston analysts are warning that UK insurance companies should hold little more than 15 per cent of their assets in equities because of their high level of guarantees.It would mean a drastic reduction from insurance firms&#39 current equities average of about 40 per cent.The CSFB report, published last week, says that if […]

Nick Bamford

I a cynical world, Nick Bamford, the new chairman at Sofa, is a rarity. It seems the Informed Choice managing director is universally liked. It is easy to see why because Bamford is a thoroughly nice man.If it were not for Sandhurst giving the 17-year-old “long-haired son of a milkman” the brush-off for “not having […]

Who&#39s to blame?

Those of you who have run the gauntlet of renewing professional indemnity cover will be only too aware that the environment in which IFAs operate has changed dramatically.A report published in December 2002 by the Actuaries working party found that the UK pays out far more in compensation claims than other European countries, running up […]

Investment clock economic update

In the latest Investment Clock economic update, Ian Kernohan, Senior Economist at Royal London Asset Management, discusses the implications of the US Federal Reserve’s recent hike in interest rates and upcoming French presidential election. The value of investments and the income from them is not guaranteed and may go down as well as up and […]


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