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No defence of Aaron – Aifa

Aifa will not be supporting David M Aaron, the first IFA to be banned for life, as it says it does not defend those who have been in breach of FSA rules.

Aifa spokeswoman Tracey Mullins says: “We don&#39t defend people who have breached FSA rules resulting in consumer detriment and so we cannot say anything in support of David Aaron.”

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Axa putting guarantees at centre of Protection proposition

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Merrill Lynch offers discount protection

Merrill Lynch has become the latest firm to introduce a discount protectionmechanism. The new policy means investors in the Merrill Lynch greater Europeinvestment trust clients will be able to sell back their shares at a 2 per cent discount of net value twice a year regardless of whether the shares are selling for a bigger […]

Branson&#39s pickle…

What do the Diary and entrepreneur Richard Branson have in common? We both rely on Lansons PR Liz Willder for our mobile phone solutions. Avid Diary readers may remember Liz&#39s champion effort in tracking down the Diary&#39s mobile phone aftera long night on the town and it seems even Sir Richard has taken note of […]

Cofunds sees growth in Isa sales

Cofunds has reported total sales of £445m in ISAs, PEPs and investment funds for the second quarter of 2004. The fund supermarket has also seen a 10 per cent increase in Isa sales in the first quarter of the year. Cofunds marketing director Rick Andrews says: “It just goes to show that we are delivering […]

UK Equities: looking past short volatility

By Mark Martin, head of UK Equities, Neptune With markets facing numerous challenges this year, Neptune’s Mark Martin, manager of the UK Mid Cap Fund, and assistant manager Holly Cassell explain how they look past short-term volatility to focus on maintaining a strong long-term performance record. Read more here Important Information – for investment professionals only. […]

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