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Rifkind to join AAM

Award-winning fund manager Aberdeen Asset Management has appointed former

Conservative Foreign Secretary Malcolm Rifkind as a non-executive director.

Aberdeen is regarded as one of the rising fund groups with much of its

success based on the performance of its technology fund.

Rifkind (pictured above) was Foreign Secretary dur-ing the last years of

the John Major administration in the mid-1990s.


&#39Phantom&#39 stakeholder haunts the Government

The Government faces a grilling this week over stakeholder regulationloopholes which IFAs say unscrupulous employers could use to set up phantomstakeholder schemes.Conservative pensions spokeswoman Jacqui Lait will put questions to theGovernment at a stakeholder standing committee on schemes which meet thecurrent regulations but effectively allow employers to shirk theirresponsibilities.The Opposition has been alarmed over a […]

Bradford & Bingley…

Bradford & Bingley saw the curtain fall on 150 years as a mutual on Mondaywith an overwhelming vote by members in favour of conversion to a plc.Members are expected to receive windfalls of over £700 when B&Bfloats in December.Chairman Lindsay Mackinlay (pictured above)told the few hundred membersattending the specialgeneral meeting at Sheffield Arena that it […]

Jupiter number one with IFAs survey reports

Jupiter controlled the largest chunk of IFA sales with 8.5 per cent of the market share in 1999 according to the UK Fund Industry Review. Coming second was Invesco with 6.7 per cent and M&G at 6.4 per cent. These results are a reflection of the high esteem Jupiter is held in by IFAs. Even […]

Internet links aim to list specialist brokers

Internet-based financial services directory Online-IFA has set up aservice to put IFAs in contact with specialists.The new section of the directory enables any IFA with a specialisation toregister with Online-IFA and get a free hyperlink to their own website.The main Online-IFA site, which advertises itself as “run by an IFA forIFAs” was launched in early […]

Testing the Foundation

The global economy isn’t headed into recession, at least not yet. This month, David Lafferty, Chief Market Strategist at Natixis Global Asset Management, examines current capital market and portfolio risks for signs of recession. Click Here for Capital Market Notes


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