View more on these topics

Strait to the point

Instead of taking it easy on the bank holiday weekend, two employees of Investec Asset Management decided to swim from Europe to Africa across the Straits of Gibraltar.

Nick Marshall and Werner Gey van Pittius tackled the 14km Straits but strong currents meant the duo had to swim 20km while dangers included sharks, hypothermia and tankers travelling through shipping lanes.

After three months of extensive training, the swim still took more than four hours to complete. The duo are members of the investment team at Investec Asset Management and donated the money raised to the Starfish Greathearts Foundation, which cares for children with Aids.

Recommended

‘Restructure must address non-advice’

Aifa is calling on the FSA to look more closely into non-advised sales as it says consumers are confused over what constitutes advice.The trade body’s second retail distribution review issues paper paper says: “This is a growing market in which we are seeing increasing problems and a misunderstanding over the nature of service received.”Aifa says […]

FSA spent £13m on consultants

The FSA paid out more than £13m in fees to external consultants last year.Top earners include Defaqto which was paid £1,330,494 and PriceWaterhouseCoopers which received £1,208,663. Other big beneficiaries were Mills & Reeve with £366,953, QI Consulting on £345,905, Concerto Consulting with £362,098 and KPMG £316,518.A freedom of information request made by Money Marketing shows […]

FSA introduces industry guidance

The FSA’s new framework for recognising industry guidance came into effect today in a further step towards principles-based regulation.

Health - thumbnail

Absence management systems gone AWOL from UK’s SMEs, reports Jelf

A quarter (23 per cent)* of the UK’s small to medium-sized enterprises (SMEs) do not have an absence management system in place, according to new research from Jelf Employee Benefits. Despite 69 per cent* of organisations having a system in place, three-quarters (75 per cent) report that it is not providing them with sufficiently empowering absence or health data to inform an effective wellbeing programme.

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment