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Not bowled over by bubbly

The Diary is pleased to report another success for Money Marketing. No, not another ground-breaking scoop or industry award but this time victory against its arch rivals in the mortgage market at Home of Choice’s tenpin bowling competition.

Following hot on the heels of MM’s success in winning the financial trade press race at Cowes last week, the victorious team would have drunk their celebratory bubbly with glee. The trouble was that before the Champagne was due to be sent to MM’s HQ the day after the event, it had been drunk by Home of Choice’s thirsty PR team, who had run out of booze as they partied hard into the night after the competition.

“I’m available tomorrow morning if you want to shoot me.”

Penrose PR Campbell Hood to MM’s features editor”Please don’t put me in the Diary for being the most clumsy PR.”

Hood again”There is a fine line between arrogance and humility.”

Lifesearch’s Kevin Carr does his best David Brent impression”Is that my phone?”

Lansons PR Ali Merigan asks, after throwing her mobile on to the railway tracks in front of an oncoming train after an enjoyable day at the races.

s Credit Suisse’s multi-manager team are pictured above at a party in London last week to celebrate the fact that managers Rob Burdett and Gary Potter have worked together for 10 years.

Fun was had by all, although judging by the photo, it looks like there might be a bit of a scrap over who gets first choice of the delicious looking icing on the cake.


RBS says intermediaries second to direct channel

Royal Bank of Scotland says it is committed to its intermediary channel after admitting it comes second on its priority list to branch-based business. After making the revelation in its interim results, RBS insists that revamped broker channel RBS Intermediary Partners, which launched in February, is in good health and remains a core part of […]

This week in Pensions

After more than a year immersed in the glamorous world of regulation I find myself lured towards pensions, like the proverbial moth to a flame. But blinded by the light on my second day as pensions reporter, I also find myself flapping around without any juicy stories to speak of. So bear with me just this once and please pretend that painful analogy didn’t happen.

Pru sold off equities before the markets took a tumble

Prudential pulled 3bn of with-profits money out of equities in the first half of this year to reduce the 69bn fund’s risk profile. The company decided in March to cut 2bn from its holdings in UK equities and trim back its Asian equities’ exposure from its with-profits life fund and has recycled the bulk of […]

Rate rise surprises market

The Bank of England’s decision to raise interest rates by a quarter of a point to 4.75 per cent caught the markets by surprise. The monetary policy committee says last week’s move is in response to its expectation that inflation will remain above the 2 per cent target for at least the short term. This […]


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