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Marketwatch

Shares in Northern Rock fell back 5p to 558.5p on Tuesday after its shares surged by 14p to 564p on Monday after reports that the former building society is in takeover talks with Lloyds TSB.

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Neville James was first with Tep Oeic

Regarding the article headed, Beale Dobie Oeic is first to invest in Teps, I should inform you that Neville James Fund Managers became fund manager to the first Tep-based open-ended investment company (Oeic) in 1996. The With Profits Plus Fund capitalises on the benefits of guaranteed locked-in values offered by with-profits endowment policies and has […]

Briefs

“Sexy poses in the boardroom? I&#39m game.” – Abbey National&#39s Basil Larkins on playing up to the camera for Money Marketing. “It&#39s something I pinched off the back of a bus.” – Standard Life Fund Management chief executive Alan Burton describing the new slogan for its ethical trust, An ethical trust which doesn&#39t cost the […]

IFA apathy could scupper vote on Fimbra wind-up

Apathy among Fimbra members could hold up the PIA&#39s latest bid to kill off Fimbra, a leading councillor is warning. The PIA has mailed voting slips to 3,600 IFA firms which are still Fimbra members in a second attempt to wind up the regulator. But supporters of the plan, including Fimbra councillor Nick Conyers, fear […]

Liberty has £2.5bn for acquisitions

South African life office Liberty Life has amassed a £2.5bn war chest to spend on acquisitions. The company says it is looking at buying an international life office and has drawn up a short list of two or three targets. Any deal would see its London-listed subsidiary Liberty International break through into the FTSE 100. […]

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