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Out of context

•”Is that for your private collection?” – Conservative Treasury researcher Bob Seely to an MM reporter asking for a photo of Tory MP Stephen O&#39Brien.

•”In some pictures his hair is darker than others. He looks like he has been drinking Grecian 2000.” – Scottish Life head of communications Alasdair Buchanan on head of pension strategy Steve Bee.

•”The majority of my clients think Harrods is downmarket.” – Advisory + Brokerage Services chief executive Gareth Marr.

•”Clip-on ties are coming back in fashion.” -ProAct Legal partner Gareth Fatchett.

•”I&#39ll wear it as long as it&#39s a pretty dress.” – Fatchett yet again.

•”Alas poor CP121, I knew him well. That David Severn he hath a mean and hungry look. But have I come to praise CP166?” – Aifa director general Paul Smee mixes his Hamlet and Julius Caesar

•”There are financial institutions which will try anything once except incest and Morris dancing.” – Smee again.

•”I have never approached anything David Severn has said with a supercilious sniff, except his racing tips and then I was right.” – Smee one more time.


Raising the mark on standards

This year will be an important one for the Raising Standards quality mark scheme.Just two years after its creation, we have achieved critical mass, with more than 50 per cent of the market accredited or preparing for accreditation.Standard Life, Halifax Life and Clerical Medical are in the dry-run phase – the first step towards securing […]

FTBs struggling as mortgage costs rise

First-time buyers are finding it increasingly difficult to get on the property ladder as affordability levels increase, according to Cheltenham & Gloucester.Its quarterly housing affordability index found the cost of a mortgage for an average single-income homebuyer per £100 of take-home pay rose by 8.8 per cent to £33.40 in the final quarter of 2002 […]

Time to get the transfers

As a former tied agent of Canada Life I have many clients who hold policies with Canada Life.In the 10 years since I left Canada Life to become independent, it has frustrated me no end that Canada Life have steadfastly refused to switch these policies into my agency for client servicing and renewals.The reason given […]

Boom year for Chelsea as lending leaps 36%

Chelsea Building Society&#39s gross mortgage lending jumped by 36 per cent over the past year to £1.7bn from £1.3bn.The society&#39s results for 2002 also show total assets increased by 14 per cent to £6.7bn from £5.9bn in 2001 and profits grew by 12 per cent to £49.9m from £44.4m.Chelsea says its net mortgage lending of […]

Navigating volatility

The making of any fund can be seen in how it responds to crises and opportunities. In this short video, Head of Multi Asset at Royal London Asset Management Trevor Greetham outlines how the Royal London Global Multi Asset Portfolios or GMAPs navigated through Brexit and the US election cycle. He also highlights the importance […]


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