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PPIA appoints seven new directors

The Pensions Protection and Investments Accreditation Board is appointing seven new non-executive directors. These are John Akerman of law firm Olswang, Roderick Chamberlain of Coutts Consulting, Jenny Kirkpatrick of The Strategic Partnership, public policy consultant Brian Pomeroy, Ann Robinson of the Harwich Haven Authority, Tina Tietjen of the Women’s Royal Voluntary Service and Helena Wiesner of the Council of the National Consumer Council. The PPIAB was set up to oversee accreditation of the Raising Standards quality mark scheme.

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Trust forced to pay bank debt

The European Technology and Income Trust managed by Aberdeen Asset Managers has been forced to pay off £40m of bank debt after the trust breached its banking covenants. This is the second time the trust has been forced to repay its bank debt. The first time was earlier this year when it was forced to […]

Premier adds another strand to Sicav

Premier Portfolio Managers is adding another strand to its Sicav range with the global select fund. This multi-manager fund aims to provide long-term growth and will invest in US large and small caps, global value stocks and growth stocks in the Far East and Europe. There will be five fund managers each handling 20 per […]

ScotAm weighs in with 1% range

Scottish Amicable is rolling-out an extended range of single-charge pension products including stakeholder over the coming months. The move follows similar launches by its rivals including Axa Sun Life, Norwich Union, Royal & Sun Alliance and Standard Life. ScotAm introduced its Pre mier group personal pension in February and says its latest range means it […]

Platform loans to be offered via Assureweb

Platform Home Loans is to be the first non-confor ming lender to offer intermediaries access to its product range through IFA portal Assureweb. From next month, IFAs registered with Assureweb will have online access to Platform&#39s full product range, mortgage rates and under writing criteria and will be able to down load mortgage application forms. […]

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