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SGAM chief quits for Martin Currie

SG Asset Management head of European equities Dino Fuschillo is quitting the firm to run Martin Currie&#39s European desk. Fuschillo&#39s European Growth fund will continue to be run by co-manager Stuart Gilmartin.

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ScotEq Protect takes the pain out of underwriting

Scottish Equitable Protect is trying to take the strain out of back pain claims by explaining to IFAs how the underwriting process operates for these types of claims.In the latest edition of its IFA underwriting newsletter, Underwriting Today, ScotEq Protect says there are 12 million annual visits to GPs because of back pain and in […]

Labour may hit middle income earners says R&SA

Next week&#39s budget could see Labour putting the squeeze on middle income earners, warns R&SA Investments senior economist Steven Andrew.Andrew believes the Treasury will not increase the rate of income tax but raise revenue by adjusting the National Insurance system.Andrew says: “Considering Labour&#39s penchant for stealth taxes I expect a significant tax hike for individuals. […]

Newbury Building Society – equity release product

Newbury Building Society equity release schemeMinimum property value: £102,000Minimum loan: £25,500 on maximum LTV of 25%Interest rate: 6.05%Minimum age: 70 years, on joint application youngest applicant must be at least 70Charges: £200 administration feeIntroducer&#39s fee: 0.25% of loan amountTel: 01635 555700

Inside edge

Why on earth does everybody rush around with last-minute Isa applications? Why do investment managers set up handy drop-off points up to midnight on April 5 each year? Why do personal finance supplements grow fat with recommendations, statistics and advertisements?Is it because we care so much about investors that we cannot bear the thought of […]

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