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Solus loses two fund managers

Solus Investment Funds managing director John Eckersley and investment director David Soutar are leaving the company to set up an investment boutique.

Eckersley, who managed the Solus charity UK equity fund, has been with the company for 10 years but is quitting to establish Castlefield Investments.

He will be joined by UK equity income and UK growth manager Soutar, who will be replaced in August by John Smith, head of investment strategy for parent firm Brown Shipley.


FSA logo to be &#39badge of legitimacy&#39

IFAs will be able to use the FSA&#39s insignia in their marketing literature as a way of demonstrating their authorised status if proposals in its latest consultation paper are implemented.Consultation paper 138, Disclosure of Status under the Financial Services and Markets Act 2000 and Use of the FSA Logo, proposes to determine how authorised firms […]

Watson Wyatt attacks actuary changes

Watson Wyatt is criticising the FSA&#39s with-profits proposals, saying changes to the role of the appointed actuary weaken protection for consumers.The firm of consulting actuaries says the FSA&#39s changes – which significantly reduce the role of the app-ointed actuary and place more responsibility in the hands of company directors – will not make for better […]

Call for FSA and Govt ads to boost savings

The Government and the FSA should spend money on promoting a savings culture through advertising, says the trade body representing British advertisers.Isba, which counts several of the big financial services companies among its membership of 300, issued the call after a recent meeting with the FSA over its plans to reform the way advertisers are […]

Pan-European pensions get the go ahead

Pan-European occupational pension schemes are set to become a reality after European leaders reached a political agreement. The Directive will set out a prudential framework for cross border pension schemes. Onerous restrictions on equity asset allocation that where once mooted do not form part of the final agreement.The ABI welcomed the move and said it […]


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