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Noble takes over First State Aim VCT

Noble Fund Managers is taking over management of First State’s Aim VCT in a move that will also see First State fund manger Paul Jourdan and his 16m British smaller companies fund also join NFM as part of the deal.

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GP reports scrapped

LV= has scrapped its system of requesting GP reports when writing protection policies and is introducing a tele-interview service which it claims will cut acceptance times on applications by weeks.The firm is increasing non-medical limits so cases up to 400,000 can be accepted through a team of tele-interviewers who contact the client directly.LV= says insurers […]

ASA says Axa PPP mailing played on clients’ fears

Axa PPP Healthcare has been ordered to withdraw marketing material after the Adver-tising Standards Authority found it breached two of the committee of advertising practice code clauses.A direct mailing for Axa PPP read: “Your trust has been given a low rating (one star) by the Healthcare Commission, which can be due to factors such as […]

‘Fund firms wising up to poaching boutiques’

Fidelity head of multi-man-ager business Simon Ellis believes that investment boutiques will find it increasingly difficult to poach top fund managers from the bigger companies because they are wising up and locking in their best talent.Ellis says that although the boutique culture has been attractive to fund managers, big retail firms are waking up to […]

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Britain's “Forgotten Army”: The collapse in self-employed pension membership – and what to do about it

Pension scheme membership among employees has risen by more than five million in the past four years because of the policy of automatic enrolment into workplace pensions. But Britain’s army of 4.4 million self-employed people, who account for one in seven of the workforce, are not covered by automatic enrolment. Pension coverage among the self-employed […]

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