Sun Life of Canada has appointed Tony Watts as new head of audit at its British headquarters in Basingstoke. A Price Waterhouse chartered accountant, he has completed stints with Morgan Grenfell as a chief internal auditor and at Deutsche Bank in London where he performed the same role. He succeeds John Webb who is working on other projects in-company.
Virgin Direct have called on the Government to introduce a catmarked personal pension based on the catmarked Isa.The bank is calling on the Government to introduce what it says are strict standards for personal pensions immediately.Virgin Direct chief executive Rowan Gormley says: “The industry howled when Cat standards were first mooted for Isas, but now […]
The Corporation of Insurance & Financial Advisors has changed its name to the Corporation of Insurance, Financial & Mortgage Advisors. The trade association was initially formed in 1968 as the Corporation of Mortgage Brokers. The change was announced at its annual lunch last week.
PPP Healthcare has launched a health plans which it says will compensate for gaps in NHS provision.It says the new plan, called Perfect Sense, will dovetail with NHS services by providing immediate access to specialist consultants, plus private surgical treatment when NHS waiting lists are over 12 weeks long.Cover for a family of four, with […]
Morgan Grenfell's Managed Portfolio Fund has been awarded a frAAA rating by Standard & Poor's. The Managed Portfolio Fund has £108m under management and has produced an annualised return of 12.1 per cent over the past five years. It invests in a range of Morgan Grenfell unit trusts in line with the house view on […]
The Pensions and Benefits UK Conference takes place this week, where Jelf will have a stand.
- Top trends
- Top trends
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Two company directors have been disqualified for a combined 20 years after running a fine wine investment scam that lost investors nearly £1m. An Insolvency Service investigation found that Crimson Fine Wines cold-called customers and then did not purchase or allocate wines to those who had paid for their investments. The investment scheme offered investors […]
AJ Bell has won a case against a client who wanted his platform fees for the past 14 years reduced. A client, referred to as Mr N, complained to the Pensions Ombudsman that, because he did not have enough information about what fees would be payable, he sold a property holding in his Sipp far […]
National advice firm Foster Denovo has acquired employee benefits consultancy TEBC. The deal brings over 100 corporate client relationships, and Foster Denovo will look to build TEBC’s staff into its own employee benefits division, Secondsight. Foster Denovo says the deal is the first in an acquisition strategy it will be pursuing. Chief executive Roger Brosch […]