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.
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 […]
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.
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 […]
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 […]
Loomis Sayles Senior Equity Strategist, Richard Skaggs, discusses what the key takeaways were for global markets during Q2 2016 and also talks about what may lie ahead for the second half of 2016. Click here for full article: Loomis Whitepaper
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The government is boosting its income from inheritance tax bills because advisers may have failed to communicate the full advantages of new exemptions. Speaking at a seminar yesterday morning, Prudential senior technical manager Graeme Robb pointed to the rise people affected by the increase in the residence nil rate band to £1m for married couples […]
National advice firm Foster Denovo has poached former Towry M&A head Henna Fry to lead its acquisition strategy. Fry played a leading role in the sale of Towry to Tilney Bestinvest before leaving her role in 2016 to become an independent consultant. She will take on the newly created role of head of corporate development […]
The Financial Ombudsman Service has appointed Money and Mental Health Policy Institute vice chair Richard Lloyd to lead an independent review into its complaints handling process. The former Which? executive director has been charged with producing a report into FOS’ practices after a Channel 4 documentary earlier this year suggested a number of failures at […]