View more on these topics

Solo record set by Arctic balloonist

The Britannic Challenge balloon has successfully landed after a

record-breaking journey, making David Hempleman-Adams the first man to fly

solo from Spitsbergen to the North Pole and back.

In the early hours of Saturday morning, the balloon began its descent over

Spitsbergen. It was a difficult landing, with the balloon dragging

Hempleman-Adams along the ground and the basket filling with water. But

after hitting the ground, the pilot was in good spirits.

Hempleman-Adams achieved his ambitions by flying the balloon from

Longyearbyen to the North Pole Ring at 89 degrees north. He then went on to

exceed all expectations by flying a further 47 miles, getting to within a

quarter of a degree of true north.

The Britannic Challenge began on May 28 when Hempleman-Adams took off from

Longyearbyen. During his trip, he covered 1,523 miles.

Hempleman-Adams says: “This is the greatest and most dangerous challenge

in over 25 years of risk-taking.”


CGU hots up war with free pensions

CGU Life is aiming to attract IFAs by offering free individual andpersonal pension plans until April next year.The move marks a major escalation in the pension war in the fight formarket share in the run-up to stakeholder.CGU will waive initial and annual charges and it will pay standardcommission levels until the start of stakeholder in […]

Euro rights may double the cost of complaints

IFAs could see the cost of dealing with complaints double when a Europeandirective becomes UK law.The LIA says the cost of the complaint procedure could soar to £1,500because the European Convention of Human Rights gives everyone the right toa hearing.It says IFAs will have to set up and pay for the infrastructure to hearcomplaints. The […]

The breeding ground…

The breeding ground for IFAs is moving from the Home Counties to the innercity.IFA Bradbury Hamilton, based in London&#39s Blackfriars, has joined forceswith Tower Hamlets College, the City Regeneration project and the CharteredInstitute of Bankers to turn local graduates into IFAs. The venture hasalready seen more than 20 graduates through its training school, witharound six […]

Bank rates on hold again

Interest rates will remain on hold at six per cent for the fourth consecutive month. The Bank of England&#39s Monetary Policy Committee has decided to keep the base rate unchanged at their monthly meeting this week. The move has been greeted with acclaim by the business community. Last month, the decision to maintain the status […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers. Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm