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Out of Context

Out of Context Harry Katz

“Even toothpaste isn’t that bloody simple nowadays.”

Norwest Consultants principal Harry Katz vents his anger at modern society to an MM hack

“For £15m, I’d be expecting a flux capacitor.”

Threesixty Services MD Phil Young on the £15m Partnership/Openwork single-tie annuity deal.

“I hope its annuity service is better than its chickens.”

Hargreaves Lansdown head of pension research Tom McPhail sets a low bar for Tesco’s decision to include annuities in its comparison service last week.

”Presumably the Tesco annuity service will be next to the long life milk?”

Radcliffe & Newlands chartered financial planner Mel Kenny also has a pop at Tesco.



BoI borrowers push ahead with class action against rate hike

Landlords being hit with a tracker mortgage rate hike by the Bank of Ireland today are pushing ahead with a class action for damages after a “positive” legal opinion. In February, the Bank of Ireland revealed it is more than doubling the rate for 13,500 borrowers on its tracker mortgages, some 7 per cent of […]

LGIM UK equity manager Matt Fletcher departs

Legal & General Investment Management senior fund manager Matt Fletcher has left the company with members of the UK equity team stepping in to take over his two funds. Richard Black has been appointed as the manager of Fletcher’s £190.9m L&G Equity fund, while Guy Rushton has taken over the £26.6m L&G UK Special Situations […]


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