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Johnstone Douglas names new MD

Johnstone Douglas has Nigel Chambers as its new managing director.

Chambers takes over the post with immediate effect replacing Doug Johnstone who becomes executive chairman. Mike Dwyer will continue in his role as deputy managing director.

Chambers has been the driving force behind Chambers Townsend Consultancy, Johnstone Douglas&#39 pensions and administration technological systems provider.

He was also formerly the joint deputy MD and the firm&#39s senior actuary.


UK to train Chinese financial regulators

Trade and Industry Secretary Stephen Byers has announced the UK Government is to establish a training programme for financial regulators in China.The move follows on from the recent G7 summit in Cologne which agreed measures to overcome the weaknesses which caused financial crisis in Russia and Asia two years ago.Addressing the Shanghai Chamber of Commerce […]

Charities benefit from Isa sales

Charities have the chance to benefit from Isa sales through a collaboration between Ecclesiastical Insurance and Newcastle Building Society.&#39Monty the Duck&#39 the National Meninigitis official mascot has already benefited from a £200 donation. It is one of seven charities which are set to benefit from the scheme.The scheme was devised when Ecclesiastical teamed up with […]

Liberal Democrats to stage oppostition to widows pension changes

The Liberal Democrats will this week stage an opposition day debate on widows pensions and benefits, claiming widows are much worse off under this Government than the last.The changes include the replacement of the Serps-based widow&#39s pension with a less generous bereavement allowance which could cost a widow over £19,000 over five years.

Lloyds TSB to buy Scottish Widows

Lloyds TSB is buying life office Scottish Widows in a seven billion deal.The new was announced at a press conference this morning.The average windfall will be £5,000.

Harris Associates' view on the UK’s vote to leave the EU

By David Herro, Partner, Deputy Chairman, Portfolio Manager and Chief Investment Officer of International Equity at Harris Associates Britain’s vote to exit the European Union has led to significant uncertainty across global markets. We believe market impact of this uncertainty, though severe, is more of a shorter-term phenomenon which will provide an opportunity for long-term […]


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