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NU to promote investment division

Norwich Union is setting up a marketing department to promote its investment arm. It has poached former associate director (marketing) Catherine Whittaker from Mercury Asset Management to head the marketing team. Whittaker&#39s brief will include boosting the profile of Norwich Union Trust Managers among IFAs. She will also be responsible for advertising and product development.

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Capel Cure Myers cuts earnings per share forecast

Capel Cure Myers has revised its estimate for earnings per share growth next year to minus 5 per cent and reduced this year&#39s target to 5000.It says that the dollar will remain generally weak due to the US current account deficit. This won&#39t be easy to ignore with Wall Street profit forecasts for this year […]

Henderson Geared Income & Growth Trust sees losses

Henderson Geared Income & Growth Trust fell 9.2 per cent in the six months to the end of August.Net asset value per income ordinary share fell by 15 per cent in the same period.Henderson blames the poor performance on gearing which means that the shares suffer in a falling market.But the quarterly dividend rate has […]

Top actuary calling on more IFAs to charge fees

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