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“I’ve run two big technology companies but have trouble turning on a PC”
Cofunds chief executive Charlie Eppinger reveals his technophobia at the Cofunds annual dinner

“Just waiting for new series of Come Mine With Me to start.”
Institute of Financial Planning chief executive Nick Cann tweets about his new favourite Chilean reality TV show

“The FSA are a repository of excellence”
ABI’s Peter Vipond speaking to the Treasury select committee on the reputation of the FSA


System manipulated to let Royal Mail offset £8bn pension deficit’

The Government has “manipulated the system” in allowing the Royal Mail to push its £8bn pension deficit onto the taxpayer, a pensions lawyer has warned. Last week, Business Secretary Vince Cable revealed the Government-run postal services organisation could be mutualised as it attempts to slash operating costs. As part of the changes, which will be […]

Insurance firms damaged by changes to UK and Euro rules

Changes to UK and European regulatory structures are increasing compliance costs for firms and risk causing serious damage to the insurance industry, acc-ording to the Association of British Insurers. Giving evidence to the Treasury select committee last week, ABI director of financial regulation and taxation Peter Vipond said although harmonisation of European markets will be […]


Small pension scheme put nearly half its assets into Lifemark

A small pension scheme was advised to invest nearly half its assets into Keydata life settlement vehicle Lifemark. The Financial Mail on Sunday reports that a pension scheme for employees of Yorkshire-based  Micro Metalsmiths was advised to invest £2m of its £5.25m assets in Lifemark by a local IFA, Lampott. The firm employees 120 staff […]

RBC Wealth set to buy BlueBay Asset for £960m

Royal Bank of Canada Wealth Management is to acquire London-based BlueBay Asset Management for £963m. BlueBay shareholders will receive 485p per share from Canada’s biggest bank by market size. This is a 29 per cent premium on the 375p-a-share price which the stock ended up at when the markets closed on Friday last week. BlueBay, […]


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