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Montpelier raises Millfield stake

Montpelier has increased its shareholding in Millfield from 10 per cent to 14.76 per cent, making it the second-biggest shareholder behind Amvescap with 21.5 per cent.

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De-linked MPPI product launched by Charcol

A de-linked mortgage payment protection insurance product has been launched by MPPI specialist Genworth Financial and broker John Charcol.The pair claim the product is 37 per cent cheaper than the market average, while pay-outs are also backdated to the first day of the claim following a waiting period of 30 days unlike the majority of […]

Principle approach will fail in retail sector, says Sergeant

The FSA’s principle-based regulation regime is unlikely to work in retail financial services, says former FSA managing director Carol Sergeant. Sergeant, who was John Tiner’s main rival for the job of FSA chief executive and is now Lloyds TSB chief risk director, told the Building Societies’ Association conference in Manchester last week that a prin-ciple-based […]

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Intelligent thinking

In the past 18 months, Intelliflo has become one of the fastest-growing client management software providers in the adviser market.

Rights and wrongs

Measures designed to prevent the abuse of personal information are not working

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Pension freedoms: stop the scams

At the beginning of 2015, we highlighted that the new pension freedoms that come fully online on 6 April also represent a very attractive opportunity for the criminal fraternity to scam savers out of some, or all, of their accumulated retirement savings.

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