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Nepgen joins Threadneedle

Threadneedle has recruited Pauline Nepgen from Investec Asset Management for its global equities team. She will be responsible for covering technology and telecoms, with regional responsibility for Asia.

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Fortune favours Mom structure

Hedge fund multi-manager Fortune Asset Management expects its closed-ended market wizards fund to list on the London Stock Exchange within four weeks.

Abbey’s steep step shocks advisers

Abbey has been accused of creating a huge payment shock for borrowers after launching a stepped-rate deal that starts at 2.99 per cent for the first year.After one year, the five-year mortgage offer shoots up to 6.2 per cent for two years and climbs again in years four and five to 6.35 per cent. It […]

LV= and Bright Grey revamp CI cover

LV= and Bright Grey have revamped their critical illness cover in light of the Association of British Insurers new definitions for CI.The ABI’s statement of best practice for CI must be implemented by all protection providers by the end of April and many providers are taking the opportunity to revamp their CI products at the […]

Is three a crowd?

The pension versus Isa debate has raged on and off for years. Les Cameron, head of technical at Prudential, asks if three’s a crowd.   I think the debate was arguably settled by pensions freedom when the biggest downside of pensions – limited access and poor death benefits – was fundamentally changed. Total access, albeit with […]

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