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Millfield and Inter-Alliance receive FSA approval for merger

Millfield Group has today received final approval from the FSA for its merger with Inter-Alliance.

As set out in the offer document, Steven Hartley and Alan Curtis are resigning from the board and will leave the company today.

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NU axes jobs in move to India

Norwich Union is to outsource 7,000 jobs to India by 2007 in a move that will see life and pension policyholders&#39 queries put through to overseas centres. NU says the move will cut admin costs by around 40 per cent and will allow it to respond to customer demand for direct contact with call-centre staff […]

Poll finds mobile cover a higher priority than income protection

Britons admit to having inadequate protection in case of sickness or loss of income but are unwilling to take advice to rectify the problem, according to a survey by protection provider Bright Grey. The research shows that twice as many people would take out holiday insurance than would take out critical-illness insurance and a third […]

Track record is key for Baronsmead

ISIS ASSET MANAGEMENT Baronsmead VCT 2 C Shares Type: Venture capital trust Aim: Growth by investing in established unquoted UK companies Minimum investment: Lump sum £3,000 Closing date: January 28, 2005 Special offer: Extra 1% allocation of shares Offer period: Until October 15, 2004 Charges: Initial 5%, annual 2% Commission: Initial 3% Tel: 0845 799 […]

Commentary – The long and the short of education

T here is more to financial education than inclusion on the national curriculum. Who could have predicted that the nation&#39s savings habits would become one of the hottest election issues? The recent resignation of Andrew Smith as Work and Pensions Secretary means that pensions and savings have become a political hot potato. The industry, the […]

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