View more on these topics

Out of context

•”So let me get this straight. You want me to send this to you in a language you can actually read?” – Friends Provident spokesman Chris Bond to exasperated MM reporter.

•”Perhaps Prudential should engage the Iraqi information minister.” – Irate Torquil Clark managing director Don Clark rues the life company&#39s decision to plug its protection pipeline.

•”No. You must be joking but not for that reason but bec-ause I used to work for them.” – Anonymous IFA in response to Broker Talkback question Will you use Pru again?

•”We went running in the Brecon Beacons over the week-end and got to run over Lord Hereford&#39s Nob.” – Hargreaves Lansdown pensions research manager Tom McPhail.

•”The last time I saw your ginger beard was when you had your G-string on backwards.” – MRM head Richard Wheat to Mainland PR&#39s Andrew Appleyard.

•”Trust me, I was blonde and beautiful when I was younger.” – Appleyard.

Any Out of Contexts or Diary stories? Send them to Diary editor John Greenwood, email: or tel: 0207 943 8036.


IFAs adamant they prefer independence to multi-ties

IFAs are overwhelmingly in favour of staying independent and have strongly rejected multi-tying in a survey by Axa.Its research shows that 82 per cent of IFAs want to remain independent and only 18 per cent would opt to multi-tie in a depolarised industry.The vote echoes research commissioned by Money Marketing over the last two months.Axa […]

Baring looks to Asia

Baring Asset Management has established a fund of hedge fundsthat focuses on the Asia Pacific region. The Baring Asia hedge select fund builds aims to provide returns of 7per cent above three-month US treasury bills. It will invest in aportfolio of between 10 and 20 hedge funds, covering a range of riskprofiles and Asia Pacific […]

Property is still seen as safe haven

Property is still the most popular refuge for the nation&#39s savings despite a reduction in spending as a result of the Iraq war, says Yorkshire Bank in its latest housebuyers&#39 survey.The survey found that one in 10 homeowners are now considering their spending much more carefully, with the current situation in the Middle East causing […]

Prudent course would be a U-turn

The Pru needs to get a plan for itself that involves treating its customers properly.Financial services companies operate in an environment that is over-regulated and plagued by Government meddling while firms are expected to turn a profit from products that have a fundamental impact on people&#39s lives.There are almost always good reasons to get insured, […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment