You know it’s August when the press releases become increasingly tedious or amusing, scraping the bottom of the proverbial barrel.This week’s winner arrives courtesy of Polhill client Clerical Medical, informing us that the most popular pop song about money was, indeed, Abba’s Money, Money, Money. The top 10 has two entrants by The Beatles, and sparked at least a two-minute debate among the MM news desk. No mention of Master P and The Real Untouchables’ legendary anthem, Bitches & Money, curiously.
The more I read about and use the newly implemented menu, the more I agree with the popular consensus that the whole exercise is a waste of time and money for everyone but, regrettably, most of all for the consumer.
The Midas balanced growth and Midas balanced inc- ome funds have been added to Winterthur Life’s tail- ored selection fund range which is available through individual pension policies and the Winterthur invest- ment bond.
I am writing to clarify Bupa’s policy relating to the recent terrorist incidents for both Jim Gillespie of Independent Financial Services (August 11) and your readers. Bupa will do all it can to help customers affected by recent terrorist incidents in London and Egypt. In the UK, the best place for people injured in terrorist […]
Old Mutual has made a formal offer of 3.3bn to the Skandia board conditional on the latter recommending shareholders accept by 23 September.Old Mutual admits it has so far garnered support from only 17 per cent of Skandia’s shareholders but is confident of getting the majority it needs in the next three weeks.The offer, a […]
Arguing that the eurozone crisis is over, watch Rob Burnett, head of European equities at Neptune, discuss the sectors that he’s investing in to harness the recovery.
In the video, Burnett addresses the following:
• The primary drivers of the eurozone’s economic recovery
• The turnaround in individual countries’ current accounts
• Sectors best positioned to harness the recovery, without offering undue exposure to risk
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The curious goings-on in the world of financial services
Experts have played down any immediate moves from the FCA towards those firms that are not prepared for Mifid II regulation that comes into force on 3 January 2018. However, concerns remain that a “material number” of small asset managers have not yet started preparing for the major European regulation. The FCA expects firms to […]
OMGI chief executive and star fund manager Richard Buxton is set to lead a management buyout of the single-strategy funds division of Old Mutual Wealth with the backing of TA Associates. The £550m deal is set to be announced before Christmas, Sky News reports. The buyout is part of Old Mutual’s managed separation, which is […]