Paternoster, the closed life fund consolidator run by Mark Wood, has signed a letter of intent for Jardine Lloyd Thompson Benefit Solutions to act as its service partner for the long-term administration of pension policies and actuarial pricing support.
The Diary was quietly pondering the secrets behind Winterthur Life director David Thompson’s witty speech at the firm’s recent wine tasting night when the answer was literally thrust into our hands. After politely enquiring as to the origins of Thompson’s endearing if slightly sexist “men are like fine wine, women are like fine wine” joke, […]
Coventry Building Society says it expects other lenders to follow its example of axing early repayment charges from its sub-prime range. It has set up a suite of near-prime, light-adverse and extra-light adverse deals without an ERC, claiming to be the only top 20 lender to make the move. Head of intermediary sales Julie Jones […]
Former HBOS head of intermediary business Grenville Turner is to take over as managing director of estate agency Countrywide in January. He replaces Harry Hill who becomes chairman when Christopher Sporborg retires at the end of the year.
On reading the Opinion column in the July 20 edition of Money Marketing, I really could not resist responding – if only for the sake of my blood pressure. I don’t know whether your usual acuity was abandoned in favour of political correctness or if you had a sudden attack of naivety. Of course, Governments […]
Sentiment towards emerging markets is improving. Simon Edelsten, manager of the Artemis Global Select Fund, analyses if this a good time to buy back in or whether valuations are still too high? Click here for full article
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The Financial Ombudsman Service has appointed Money and Mental Health Policy Institute vice chair Richard Lloyd to lead an independent review into its complaints handling process. The former Which? executive director has been charged with producing a report into FOS’ practices after a Channel 4 documentary earlier this year suggested a number of failures at […]
Aberdeen Standard Investments has voted against multi-million pound payouts for senior executives at housebuilder Persimmon. Persimmon held its annual general meeting today. There was a huge outcry at the end last year when it emerged the chief executive, chief financial officer and managing director of Persimmon were in line for huge pay packets as a […]
Consideration of non-pensions related tax-advantaged investment is becoming more necessary This week I want to take a look at where things stand in relation to pensions and planning using tax-advantaged investments following the Spring Statement. With the increasing impact of the lifetime and annual allowances, consideration of non-pensions-related tax-advantaged investments is becoming ever more necessary […]