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Millfield appoints new Board member

Millfield Group has appointed Mike Walmsley to the board as non-executive director.

Walmsley, 62, is currently operations director of Polestar, the largest printer in the UK. Millfield has also announced the appointment of Darrell Smith as sales director for the North. Millfield now has six executive and two non-executive directors.


Isis Asset Management – Aim VCT 2

Type: Venture capital trust Aim: Growth by investing in companies listed on the Alternative investment market Minimum investment: Lump sum £1,000 Closing date: November 30, 2004 Charges: Annual 2% Commission: Initial 3% Tel: 08457 99 22 99

Product matters

The idea of investing in a collection of life insurance policies which pay out when their unlucky American owners die of ill health seems a little bizarre. However, that is the opportunity that Fortress Group International aims to offer UK retail investors. Essentially, the fund invests in policies where the owners are aged between 78 […]

Standard&#39s Crombie to state the case for keeping commission

Standard Life says it intends to fight the industry&#39s corner on commission and prove it is in the best interests of the consumer in front of the Treasury select committee next week. Chief executive Sandy Crombie will appear before MPs alongside chief executives from rival insurers Aviva, Legal & General and Prudential as part of […]

Stakeholder slumps as focus shifts

The number of people taking out stakeholder pensions fell by 22 per cent to 58,000 in the first quarter of the year from 74,000 in the first quarter of 2003, according to ABI figures. Stakeholder premiums fell by 8 per cent from £131m to £120m but total new individual regular-premium pension sales rose by 3 […]


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