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Men more likely to be impulsive shoppers – Clerical Medical

Men are more likely to succumb to impulse buys on shopping sprees and lie to their partners about it according to the latest survey from Clerical Medical. The research reveals that 62per cent of men surveyed said they would lie about their latest purchases. But women are more extravagant and will only feel guilty about lying if they spend more than £25.

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Competing products set to take over

Fund managers are adamant that mutual funds are better suited to most investors, arguing they can deliver tailored asset allocations which with-profits cannot. They say mutual funds are stealing massive market share from with-profits products and will continue to do so. Investec joint managing director Andy Sowerby argued at the Money Marketing round table debate […]

Independent view

I am not sure if this will blow any vestiges of credibility that I might have about claiming to be young any more, but I sometimes listen to Radio 4. On a Saturday morning from 9am-10am, there is a slot called Home Truths presented by the still-dead-cool John Peel. It is an hour&#39s worth of […]

CA wants review to address shortfalls

The Consumers&#39 Association wants a Higgs-style report on with-profits, which it says would sort out the issue of compensation for failing policies. CA senior policy researcher Mick McAteer questioned at the MM round table debate on with-profits whether with-profits are suitable for the “middle mass market” of ordinary savers rather than the well-off or people […]

Exchange adds quotes to cover special risks

The Exchange is adding a special risks section to portal ExWeb to offer intermediaries protection business quotes. The special risks centre will provide intermediaries with guidance on what constitutes a special risk and help them get the best rate for clients through a special underwriting process. The Exchange&#39s research shows that 62 per cent of […]

The curious market reaction to Brexit

Written by Mike Riddell29 June 2016 Headlines over the past few days have screamed about record falls in sterling, record low bond yields and massive falls in equity prices. However, if you take a slightly longer view of markets rather than simply the one- or two-day reaction, I think it’s amazing how little markets have […]

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