The Sedgwick Noble Lowndes name is set to disappear from January 1 as the firm is merged into William M Mercer. The move follows the takeover of Sedgwick Group by Marsh & McLennan, Mercer's parent company, in August. Mercer's UK chairman and chief executive David Barford will assume responsibility for UK operations. Sedgwick Noble Lowndes UK chairman Robert Walker has been forced into early retirement.
The Paragon Group has announced a 16 per cent pre-tax profit rise in 1998 to £25.1m from £21.6m.Paragon says its total value of loans to customers rose to £1,379m at September 30 1998 from £1,095m at September 30 1997.The total number of accounts under its management increased to 91,000 from 38,000 and total assets under […]
By George Boyd-Bowman, Fund Manager at Neptune Many Western investors have long bemoaned the lack of a true dividend culture in Japan, claiming the corporate culture is not tilted in favour of shareholders. Yet today, in the Land of the Rising Sun, we see a fresh impetus to focus on shareholder returns, which is leading […]
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