Chemists in the south of France and north of Italy were cleared out of Vaseline last week as pedalling PR Adrian Cammidge of Aegon pushed through with his troupe of cycling colleagues. The Cammidge under-carriage is said to have re-sembled a baboon in heat after the 1,600 km trek from Calais to San Remo, raising money for a chemotherapy unit at a local hospital. To sponsor the ride visit: www.westcliffrotaryclub.co.uk.
Pension providers with closed books are being warned that they must improve their electronic communication with advisers or risk falling foul of the FSA’s treating customers fairly regime. Financial Technology Research Centre director Ian McKenna says he is not currently aware of any providers with closed books that have put in place electronic solutions for […]
Hargreaves Lansdown pensions research manager Tom McPhail fears that NAPF chief executive Christine Farnish may be right in predicting a five-year life expectancy for final-salary schemes
Preferred announces new two year fixed rates with no extended tie-in plus changes to its existing product range.The new two year fixed rates are fixed until September 1 2007. Rates start from 6.19 per cent verified and 6.44 per cent self certification on near prime.The relauch of the three year fixed rates have no extended […]
US institutions took advantage of falling equity prices after the July 7 London bombings to switch billions of dollars out of bonds, pushing indices higher. Iimia chief investment officer Nick Greenwood says, as a result of falling bond yields, US institutional managers had been waiting for a chance to switch money back into equities. He […]
Johnson Fleming’s current charity of the year is CLIC Sargent: the UK’s leading cancer charity for children and young people, and their families.
News and expert analysis straight to your inboxSign up
Latest from Money Marketing
Latest statistics show personal pensions, in particular, get a bad rap The recently published preliminary estimates from the Office for National Statistics’ Wealth and Assets Survey make for interesting reading with regards to how people view pension savings and how safe they are. The next round of this survey will be even more interesting in light […]
Beaufort Group is planning to add three more firms to its network with one deal expected to finalise next week. Chief executive Andrew Bennett says the other two small to medium-sized firms are expected to join “imminently”. In January, Beaufort Group added Statehouse Group as an appointed representative. The firm is now called Beaufort Financial […]
Significant gilt weightings continue to be recommended, despite concerning signals on their risk Government bonds play a pivotal role in a balanced portfolio; there are very few assets that provide the diversification benefits gilts can bring. So often over the last 30 years, when equity markets have zigged, bond markets have zagged, thereby smoothing return […]