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Lighthouse turnover up 20 per cent

Lighthouse Group increased its turnover by a third to £9.5m from just
under £7m in the first six months of 2003, compared to the previous
six moths.
Gross profit grew 20 per cent to £1.6m in the first half of 2003 from
£1.3m in the previous six months, but pre-tax losses rose 10 per cent
to £1m from £900,000.
Lighthouse chairman David Hickey says: “The recent Temple
transaction means Lighthouse now has a full range of IFA offerings
and with approximately 600 RIs has more advisers than ever before.”


APCIM warns threat to execution only not removed

Despite an EU vote to preserve execution only share trading this week the Association of Private Client Investment Managers warns the threat has not been removed.APCIMS Chief Executive Angela Knight says: “It will still be six months and several votes before these issues are resolved. The fat lady hasn&#39t sung yet; this is just the […]

Opening up the annuity market

UK savers may be about to gain access to a plan that will allow them to derive an annuity-style income and also leave some of their savings to their children if they die early.A Gibraltar-based scheme has been in existence for more than a year but it has only been available to the wealthy and […]

Student lessons

Investment in property continues to be a popular alternative to equities, fuelled by low interest rates, a housing market that continues to astound us in its capacity for growth and controversy, suspicion and fear over the effectiveness of our pension planning.Buying to let, which five years ago was considered to be a risky enterprise – […]

IFAs must develop T&C say trade bodies

Industry trade bodies and regulators have joined together in a plea to practitioners to continue their training & competence regimes over the continuing period of ambiguity. Speaking together at this year&#39s Money Marketing Live in Manchester, representatives of Aifa, the FSA, MCCB, the Financial Services Skills Council and the Institute of Financial Planning responded to […]

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The politics of healthcare

Healthcare is already one of the key battlefields in May’s general election, with each of the main parties committing to deliver improvements to the NHS and public health.


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