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Schroders sail and hearty

Schroders is supporting the Ellen MacArthur Trust, a charity that takes children recovering from cancer on summer sailing trips to the Isle of Wight.

This summer will mark the second year that Ellen, who in 2001 at the age of 25 became the fastest woman to sail around the world, has taken a group of recovering children yachting.

MacArthur says: “I have seen first-hand the joy and inspiration that time out on the water can give kids suffering from cancer. For the short time they are at sea, they experience another life.”

Pictured above with Ellen is Schroders UK retail managing director Robin Stoakley. In 2003, the company&#39s 200th anniversary year, Schroders was named the top corporate charity giver in the Guardian Giving List, giving 3.42 per cent of its pre-tax profits to charitable causes.


Broker hits the ceiling over NU&#39s housewife limit

Surrey IFA Gary Festa is infuriated by what he describes as Norwich Union “playing God” by refusing to provide more than £400,000 in cover to a housewife looking to take out a stand-alone decreasing term insurance policy.Norwich Union says it has imposed a ceiling of £500,000 for all non-working partners, not just housewives, due to […]

FSA says it poses a risk to firms

The FSA has admitted its own actions pose a risk to firms and as a result puts pressure on itself, in a statement identifying risks in the coming year.The statement concedes that the regulator&#39s own actions will add risk to the marketplace, stating that the substantial volume of reform will create pressures on firms&#39 resources.Chairman […]

Crombie says mutuality is not the firm&#39s mantra

In a dramatic U-turn, new Standard Life chief executive Sandy Crombie says the company&#39s board has never been “religiously associated” with its mutual status and is ready to reconsider.In an interview with Money Marketing this week, Crombie says Standard&#39s board feels strongly that the “set of conditions” emerging in the market look different and that […]

Standard: End of mutuality?

May 2000: Independent insurance analyst Ned Cazalet says Standard Life would be worth £16bn if it demutualised.June 2000: Standard Life sees off carpetbagger Fred Woollard, with 53.4 per cent of the 1.1 million policyholder vote supporting continued mutuality.December 2001: Iain Lumsden takes over as chief executive following the retirement of Scott Bell.May 2002: Finance director […]


Guide: reporting to the Pensions Regulator — what and when?

Johnson Fleming has published a step-by-step guide demonstrating the importance of record keeping and reporting, and how it can ensure you operate a successful scheme. The guide takes you through some key questions you need to ask and identifies the information you need to obtain. The topics include: why you need to keep records and the benefits of doing this; registering your scheme; what information you need to record to ensure you meet the Pensions Regulator’s requirements; and what items need to be recorded and when.


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