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Singing the blues

Skandia global marketing manager Andre Ozmann is rueing events after marital pressure caused him to let go of his Chelsea season ticket – days before the football club&#39s takeover by Russian oil magnate Roman Abramovich.

Cowes resident Andre – who goes to work in Southampton on a rigid inflatable boat – was the proud owner of a pair of prime tickets at Stamford Bridge, bang on the halfway line.

But since Mrs O made him cancel his subscription, Andre will now be missing out on his regular trips to the Bridge, just when Chelsea might actually do something.


F&C Investment Trust sees 7.6 per cent growth

Foreign & Colonial Investment Trust interim results show net assets have increased by 7.6 per cent from £1,826m to £1,697m and NAV per share has also increased by 7.6 per cent to 192.38p.

NU&#39s Withers turns focus on 5% cap for suite

Norwich Union Life chief executive Gary Withers is reinforcing the firm&#39s stance on the proposed new Sandler investment range, suggesting that a 5 per cent initial charge cap, as currently used in Ireland, will get a lot of focus.Speaking to Money Marketing following the release of parent company Aviva&#39s interim results, Withers reiterated that NU […]

Don&#39t look discounted gift trust in mouth

Following the Inland Revenue&#39s announcement on so-called spouse interest trusts in June, advisers will look for more detailed comment on the inheritance tax treatment of discounted gift trusts. These arrangements enable investors to give away assets but keep the right to an income without creating a gift with reservation.Under the capital transfer tax regime, which […]

Head of FSA consumer panel to join OFT

FSA consumer panel chairman Colin Brown is quitting his role after just two-and-a-half years to take up a post with the Office of Fair Trading.Brown will depart six months earlier than expected on November 1. He will be replaced by Ann Foster, who has been vice-chairman of the panel since January 1, 2001.Brown is best […]


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