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Life on the wedge

Money Marketing’s prowess prevailed once again in the company of sporting legends (in their own minds) New Star.

The team, led by Guy “Watch your back, Tiger” de Blonay, demonstrated their skills at Soho’s Urban Golf last week.

Lesser mortals from other financial titles tried but did not quite come up to par. What actually happened is that the team comprising Guy and MM hack Sam Shaw alongside the recent Investment Writer of the Year and Ben “It’s because I’m not wearing golf shoes, honest” Robinson were suitably whipped by New Star’s Richard Wilson & Co.


Lambeth/Portman merger confirmed

Lambeth Building Society has approved its merger with Portman Building Society. The effective date for the merger is expected to be September 30, 2006. Lambeth chief executive Chris Radford says: “The Lambeth is a strong business that offers excellent products and service to its members and this merger means they can look forward to continued […]

Pensions White Paper is published

The pension reform White Paper has called for the basic state pension to be relinked to earnings, the abolition of the contracting out rebate for DC schemes and a choice of NPSS models.The Government will continue to consult over the best way forward for NPSS in terms of who will run the scheme, giving the […]

Three-pronged approach for New Star cautious fund

New Star Asset Management is offering what it believes to be the first cautious managed fund offering exposure to three asset classes within a non-fund of fund structure. The Tri-Star unit trust will invest in UK property, equities and bonds in roughly equal amounts and will be managed by joint deputy chief investment officer Gregor […]

Government reforms may lead to dumbing down in the work-place says Paternoster

Paternoster, the new life assurance company, endorsed the three key elements of the government’s white paper on the future of pensions policy, announced today, but warned that companies may increasingly opt out of defined benefit pensions and switch to purely defined contribution schemes.Chief executive Mark Wood says: “There is a risk that employers who currently […]

Managing customers in drawdown

By Lorna Blyth, Investment Marketing Manager Delivering a decent drawdown review process takes time and resources. This article looks at how you can manage drawdown clients in a more cost-effective way. Most advisers are seeing an increase in drawdown clients following pension freedoms. Often these are clients with lower fund sizes, which means advisers are […]


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