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‘Pension deficit is close to zero’

The true pension deficit of FTSE 100 companies is likely to be closer to zero than the 37bn reported recently in the press, according to a report by SEI Investments and Cardiff Business School. The research suggests current FRS17 rules used to account for a companys pensions deficit create over cautious assumptions and should be replaced by their weighted cost of capital.

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Stevlingson joins Gartmore

Jayne Stevlingson has joined Gartmores small-cap investment team as senior investment manger.Stevlingson, based in Philadelphia, will assume portfolio co-management responsibilities, alongside Gil Knight, on the Gartmore US smaller companies fund and the Gartmore SICAV US smaller companies fund. She will report to Gartmore US chief executive Young Chin.She joins from Altura Asset Management where her […]

The buoys from Brazil

Brazil is an attractive emerging market, particularly in the consumer and commodity areas. The consumer market is large and growing while the country has many natural resources, which can be extracted at low prices.

Skipton launches double asset bond

Skipton Building Society has established the double asset bond 2, a product which combines a FTSE-100 linked guaranteed equity bond with a one-year fixed-rate savings account.

How to use wills to protect your clients’ wishes

March was Free Wills Month! Free Wills Month brings together a group of well-respected charities to offer members of the public aged 55 and over the opportunity to have their simple wills written or updated free of charge by using participating solicitors in selected locations around England and Wales. Research by the Law Society* highlighted that only 64 […]

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