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New appointments to Mortgages plc board

Specialist lender Mortgages plc has named Mark Clarke as non-executive chairman to replace Ravi Takhar who it says has left to pursue other business interests. The appointment has been made by the group&#39s major shareholder Nikko Principal Investment which Clarke joined in 1997 as a chartered accountant focusing on acquisitions. NPIL has also appointed Laurence Morey, who joined in 2000, as a non-executive director.

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AMP Pearl and London Life close to new with-profits business

AMP Pearl and AMP London Life are closing their doors to new with-profits bond and annuity business. The product range will be plugged with new products from AMP NPI.AMP says that the Pearl fund has been selling equities since the beginning of the year and currently has an equity exposure of 35 per cent. It […]

First National launches new discount mortgage

First National Mortgage Company is launching a new discounted standard variable rate-based mortgage this week which it says is targeting borrowers who want to minimise monthly payments in the early months.It offers a discount of 1.25 per cent off the SVR of 5.99 per cent for the first six months giving a current starting rate […]

Double Dutch

Ever since Arsenal entered the Champions League – an expected annual event – I have looked with more interest at anything with a European angle.Of course, as I am sure that many United supporters will be swift to tell me, there is a great deal of difference between entry into the Champions League and actually […]

Greece: the sideshow continues

Artemis managers James Foster, Mark Page and Laurent Millet comment on the Greek deal, describing it as “just another fudge” getting in the way of bigger developments in China, the UK and the US. To read the full article click here.

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