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Price is not right

Would any reader accept a system that denied the point of his or her existence? This is not the FSA&#39s intention but it is close to where it has ended up with the publication of its fund manager league tables based solely on price.

Managers also fear that, with the inclusion of several price filters, investors are being “advised” to take a particular course. Price transparency should almost always be welcomed but fund managers should not have to accept a system that could undermine the public&#39s faith. The FSA must be careful that in its zeal for transparency it does not mislead investors.


Business model lets clients choose the service they want

Philip Thomas should check the definition of a bucketshop as one definition is an “unregistered firm of stockbrokers that engages in fraudulent speculation”. This would suggest his comments about Hargreaves Lansdown are libellous (Money Marketing, October 11).Mr Thomas continues to display a total lack of understanding of the Hargreaves Lansdown business model. It is perfectly […]

Aberdeen gets steamed up with Thomas the Tank Engine

Aberdeen Unit Trust Managers is getting children onto the rightinvestment track with the arrival of the Thomas & friends childrensinvestment plan.Introduced in co-operation with Gullane Entertainment, which ownsthe Thomas the Tank Engine copyright, the investment plan is a unittrust. The plan must be taken out in the name of a child at the startand then […]

Revenger&#39s £175m tragedy for industry

George Chapman was born in 1559 and died in 1634. He was a playwright whose Jacobean tragedies graced the stage of his day.So what does Chapman have to do with the pension review? Well, the answer is a simple one, for Chapman first uttered the words which the 21st Century financial world has echoed in […]

A new state of affairs

The debate on funding Britain&#39s crumbling public services has not abated since the general election, with healthcare having a particularly high profile.After years of discussion and a royal commission, free nursing care for long-term care patients has finally been introduced in England, with the devolved assemblies expected to follow in April 2002. But while there […]


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