“Dealing with some insurance companies can make you want to stab yourself.” – Hargreaves Lansdown’s Tom McPhail at PMI conference.”It’s not a good day to change your personality.” – Stand-ard Life PR Emma Wylie discusses the editor’s approach to life the day after the Money Marketing Awards”If you want to insult a man’s manhood, tell him he can’t do percentages.” – Morley PR Monina Villaroman.”GMAC? That’s the name of the cab firm I use in Hackney.” – Villaroman again.”Perhaps we should do a setting sun award.” – Headline Money’s Roger Anderson muses on the rising star category in the Headline Money awards.
“We don’t drink champagne at lunch. We had it for breakfast. It’s very good with Special K” – Lansons PR Lisa Folwell.”I had it on my porridge” – Lansons PR Inez de Koning.”If you are going to wear Barcelona colours, bring a baseball bat.” – Skandia’s Billy Mackay on dress code for Stamford Bridge. Any Out of Contexts or Diary stories? Send them to Diary editor James Phillipps, email: james.phillipps@centaur.co.uk or tel: 0207 943 8035Recommended
A wealth of advice
I have been reading a great deal of press comment recently, about depolarisation and the benefits of using an independent “financial planner”who would be prepared to work on a fee basis rather than take commission from product sales. Can you explain to me how this works and how I would benefit?
Independent view – Peter Hargreaves
I have noted with interest the antics of some of the more struggling fund supermarkets. I am reliably informed that each quarter, one particular fund supermarket claims astronomic figures but no one can work out why they do not ever seem to get very far ahead.
Simplification set for investment tax
The Government is aiming for a radical reform of investment trusts and Oeic investments in an overhaul of the investment sector on a par with the pension revolution.
‘Keeping Isa limit is not enough to encourage savers’
Investment experts say the Chancellor needs to do more than extend the existing Isa limits to 2010 to encourage long-term saving.
What can drive the India story forward?
By Kunal Desai, head of Indian equities, Neptune Since the election of Narendra Modi as prime minister in May 2014, Indian equities have gone on to outperform both developed and emerging markets. A busy period of governmental and economic reforms, a lower oil price and falling political risk have been the primary drivers over this […]
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FCA to crack down on ambulance chasers
Claims management companies must be more specific on separate permissions and competency when they under the remit of the FCA, according to HM Treasury. Under rules proposed in the Treasury’s latest consultation paper, claims management companies will operate under six sectors – housing disrepair, industrial injuries disablement benefit, personal industry, financial products and services, criminal […]

Martin Tilley: Keeping on top of Sipp proposition dilution
Knowing what assets each operator will accept and with what conditions is becoming increasingly difficult The recent well-publicised events concerning Sipp operator asset acceptance have focused the mind of a number of advisers. We have been fielding enquiries about our own Sipp and the asset classes we as a Sipp operator would consider. But this […]

Fears over investment trust sales as new disclosure hikes costs
Investment trust sales may come under pressure due to new EU rules, experts have warned. The potential benefits of gearing on investment trusts risk being overlooked as new cost reporting rules make them look more expensive compared with open-ended funds. Traditionally, closed-ended funds have looked attractive based on lower costs compared with other structures, as […]