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Policy Plus appoints former SEC employee

Policy Plus International has appointed a former SEC employee as its Business development manager.


Neil Wood traded Teps on the international market for SEC


Policy Plus sales and marketing director David Carrington says: &#34We are delighted Neil has joined us. With his knowledge and contacts he will be a valuable member of the team. His appointment underlines our commitment of providing brokers with a truly first class service.&#34

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FSA sets out plans for compulsory single pricing of unit trusts

The Financial Services Authority has told fund managers it is to introduce compulsory single pricing of unit trusts.It will give one year&#39s notice to allow managers to introduce the necessary changes before it introduces the measure. The FSA will permit voluntary single pricing for unit trusts from February 1.

Moneystore appoints Jane Arckless as head of finance

Mortgage packager The Money Store has appointing Jane Arckless as its head of finance.Arckless was previously finance controller at Lombard Bank and has worked as a tax consultant for Mitsubishi Electric.She will report to managing director Larry Wodarski and be responsible for all activities in the accounting and financial planning departments.

Autif shows IFAs taking 45 per cent of retail sales

Sales of investment products by IFAs rose by 28 per cent in 1998 to £9.5bn according to the Association of Unit Trusts and Investment Funds.This figure represents 45 per cent of all financial retail sales for 1998.Company salesforces completed £6bn of business in 1998. This is a 30 per cent rise from 1997 and takes […]

Threadneedle revamps website with daily fund price information

Threadneedle Investments says its revamped website will offer a comprehensive online information package for IFAs and investors.The new site will carry the daily prices of all the funds Threadneedle has available in the UK and include comprehensive monthly fact sheets. The fact sheets provide details of asset allocations, the top 10 holdings, performance and fund […]

UK policy: Kate Moss and short-termism

“Nothing tastes as good as skinny feels,” said supermodel Kate Moss, who is not often credited for her insights into policy making. Perhaps she should be. In politics, as in matters of diet, the course of action that is the best over the long term is often not the most desirable course of action in the short term. Add the instant gratification of the democratic electoral cycle and, instead of good policy making, you sometimes get the equivalent to a midnight binge in front of the fridge.

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The value of an investment and any income from it can fall as well as rise and you may not get back the amount originally invested. Forecasts and past performance are not a guide to future performance. Some information and statistical data herein has been obtained from sources we believe to be reliable but in no way are warranted by us as to their accuracy or completeness. These are Neptune’s views and as such this document is deemed to be impartial research. We do not undertake to advise you of any change to our views.

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