View more on these topics

Pima appoints two new directors

The Pep & Isa Managers&#39 Association has appointed Frances Davies and Clive Shelton as directors to its board.

The move will also mark the departure of Angela Knight who is stepping down after serving more than two years on the boards of Pima and its predecessor the Pep Manager&#39s Association.

Davies is currently head of pooled funds at Morgan Grenfell Asset Management with direct responsibility for its retail unit trust business.

She had previously worked as a director at SG Warburg responsible for its risk management advisory group.

Shelton is chief registrar and manager legal and compliance at M&G. He is a member of the Pima Advisory Council and is co-author of the Securities Institute&#39s workbooks on Pep and Isa administration.

Pima chairman Robert Balfour says: &#34We are delighted to welcome them to the board. Both bring extensive experience of and expertise in the investment industry, which will be invaluable to Pima as we drive the organisation forward.&#34


Barclays takes pre-emptive strike against Russian money launderers

Barclays Bank is reviewing accounts held by Russian offshore customers in a pre-emptive strike against possible money laundering.The bank is taking the action in the wake of the scandal which alleges that billions of dollars have been launder through the Bank of New York and other foreign banks.Barclays says it will review hundreds of accounts […]

LAHC could cut backers to gain buying freedom

The Life Assurance Holding Corporation is set to cut its number of backersin a bid to boost its ability to make acquisitions.LAHC was set up in 1994 to acquire life companies and manage theirportfolios as closed books and is rev iewing its current ownershipstructure.The company currently needs the approval of all its four main backers […]

Portman Building Society – 3 Year Fixed Interest Bond (inserted 17/9/99)

Type: Three Year Fixed Interest BondMinimum-maximum investment: £500-£50,000 (individual) / £100,000 (joint)Interest rates: 6.50% gross pa / AER for a min investment of £500 (£1,000 for postal applications.Term: 3 yearsOffer period: Until further noticeWithdrawal penalties: N/ATel: 0800 807080


Pearl teams up with Intuitive for sales support system

Pearl Assurance has chosen Intuitive Systems to develop a sales support system for its 1,700 sales force. The life office is developing the programme in a bid to improve the quality of its customer service. It will provide it tied sales force with reports and ’ why letters’ Pearl project manager Paul Fuller says: ” […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm