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New managing director for Sofa

Former Sun Life Technical Services managing director Brian Lawless has been appointed as Sofa managing director.

The CII, which owns Sofa, has also announced that Lucy Courtenay has been promoted to the position of CII director of qualifications from her current job as head of quality and standards.

One of Lawless&#39 key responsibilities will be to improve Sofa&#39s communications strategy, says CII director general Sandy Scott.

Scott says: “In the current climate Sofa members need the best possible recognition from their professional body. Brian&#39s experience and the respect he commands in the industry make him the ideal person to represent the views of Sofa&#39s growing membership.”


SLI guarantees growth on fund

Scottish Life International is guaranteeing a return of at least 10.2 per cent over five years and two months on its protected term deposit – series 1 fund.SLI says the fund is lower risk than with-profits and offers the potential for further gains of up to 51 per cent dependent on the performance of the […]

Lenders escape stealth tax

The Chancellor&#39s decision not to increase stamp duty on residential property has surprised commentators who believed a hike was in the offing to moderate the booming housing market and generate Government income. Overall the move has been welcomed and will relieve the Council of Mortgage Lenders which had accused the Government of using it as […]

Family tax credits

The Chancellor has proposed that two new tax credits – the Child Tax Credit and the Working Tax Credit – will be introduced from April 2003. In summary Child Tax Credit will combine all income-related support for children and will be paid direct to the main carer, usually the mother, creating one system of support […]

Corporation tax

The Chancellor announced the following reduction in corporation tax rates effective from 1 April 2002 (i.e. retrospectively). The small companies&#39 rate of corporation tax has been reduced from 20% to 19%, and applies where a company has profits of between £50,001 and £300,000. Where a company&#39s profits do not exceed £10,000 there is a new […]

Natixis video: Making smarter use of asset classes

Content supplied by Natixis Global Asset Management This video from Natixis Global Asset Management focuses on Active Share. One strategy for the smarter use of equity investments is ensuring you get what you pay for. According to the company, looking at Active Share can give you a better perspective on where performance comes from. Active […]


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