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Skandia drops Loomis bond

Skandia Investment Management has dropped the Loomis Sayles global opportunistic bond from its global fixed-interest blend fund and switched into the Pimco global bond.


A legacy of liabilities may change players

The year in IFAland saw Berkeley Berry Birch and Millfield falling by the wayside.As well as the uncertainty for the firms’ 2,100 advisers, there were also concerns over where liabilities would fall.The answer to that is apparently the Financial Services Compensation Scheme, with over 500 endowment complaints being processed, at the last estimate, at an […]

Political parties must pay if their policies fail

If people in hospitals washed their hands as often as this Government, there would be no MRSA crisis, I am sure. As we saw in James Salmon’s article last week, the Government is now saying that the 125,000 pensioners who lost their pensions should have taken advice (presumably to transfer out of their doomed scheme). […]

Wringing the changes

Here’s a tip – never trust what a life company senior executive tells you.


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