Following on from last week’s column, my plans to launch Inertia Asset Management – where our wonderful investors will never sell out of our mediocre fund range, no matter how shoddy our performance – have already been scuppered by my research assistant, the faithful Ms Google, informing me that such a company already exists.
Fitch has downgraded Old Mutual due to fears it may have to pump capital into its US life business.
The Investment Management Association says there needs to be a greater focus on providing advice and guidance for personal accounts.
Northern Rock has revealed a full year loss before tax of £1.36bn as it deleveraged a quarter of its mortgage book.
The latest figures from the Department for Work and Pensions illustrate that sickness absence is still a major cost to businesses, with an annual bill for sick pay and associated costs to employers of £9bn. This paper from Jelf Employee Benefits looks at the importance of recording sickness absence for any employee health strategy and how this can be carried out in an efficient manner to reduce absence, improve employee engagement and drive up profits.
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