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SLI picks Asian investment director

Standard Life Investments has announced the appointment of Aaron Pong as an Asian investment director. Pong, who will be based in Hong Kong, will be focusing on China. He joins Standard Life from the Royal Bank of Canada Investments Management (Asia) where he was the senior portfolio manager responsible for non-Japan Asia regional portfolios.

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Reynolds Porter Chamberlain has warned the FSA could attempt to re-open mortgage endowment misselling claims which are currently time barred on the back of the Treasury Select Committee&#39s report into the matter. The law firm predicts an increase in the volume of misselling claims would be “almost inevitable” as a result.

Star Japan manager to leave Framlington

Star Japan fund manager David Mitchinson is to leave Framlington to join J P Morgan Fleming in a shock departure. Mitchinson, 27, is manager of the highly successful Framlington Japan fund. It has been the number one fund in the Japan sector, with IFAs saying not only has it topped the performance tables, but has […]

Advisers must account for CI rebroking to get PI renewed

Professional indemnity insurers are turning their attention to critical-illness insurance rebroking, telling IFAs they will have to account for any of this business before they see their coverage renewed. Speaking at the Money Marketing Fair Deal for IFAs round table, Direct Life & Pensions sales and marketing director Richard Verdin said his firm was told […]

Keydata presses accelerator

Keydata is offering a stockmarket accelerator plan that triples any growth in the FTSE 100 index over a six-year period up to a maximum of 60 per cent. Capital invested in the Keydata dynamic growth plan 9 product is guaranteed unless the index falls by more than 40 per cent over the period and fails […]

Scheme pays explained

By Fiona Hanrahan, senior product insight and technical support analyst We’ve received lots of queries on scheme pays and when it can be used. This article explains how it works and the conditions which apply. What is ‘scheme pays’? If an individual exceeds the annual allowance (AA) and an AA tax charge is due, they […]

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