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.
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Three advice firms have stopped giving pension transfer advice following work by the FCA over the future of the British Steel Pension Scheme. A statement this afternoon details the FCA’s “information gathering exercise” to identify the firms that have been most active in advising people to transfer out of the scheme. The regulator got information from […]
The FCA has launched a consultation on its approach to authorisation and competition, which will be open to responses until March next year. Following the launch of the FCA’s mission in April, the approach documents are the second and third in a series of papers explaining how the watchdog tackles regulation. The first document, the […]