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SWI gives two UK bonds UK launch

Scottish Widows International is offering its International Bond and its Private Portfolio Bond to UK investors for the first time. Previously the products were only available to non-UK residents.


Scottish Widows is also launching a dedicated Year 2000 helpdesk for IFAs which can be accessed via the company&#39s extranet site, e-mail or telephone. It will outline Year 2000 computer risks and offer links to external websites for further assistance.

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Arthur Andersen sets up retail financial services consultancy

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Watson survey shows executive pay continuing to move ahead in 1998

City fat cats are set to become fatter as executive pay continues to rise above inflation according to actuarial consultants Watson Wyatt.The latest report by its remuneration committee found that chief executives&#39 earnings grew by 9.2 per cent and board directors earnings grew by 13.5 per cent between 1997 and 1998It says this reflects the […]

Taylor gets £1.5m payout from Barclays

Barclays chief executive Martin Taylor left the bank with a £1.5m golden handshake. Taylor quit in November after a boardroom bust-up with non-executive directors.It is understood he will get a lump-sum cash payment worth about his 1997 basic salary of £738,000. It is not clear if he will be paid a bonus. But he will […]

PIA expels IFA firm

The PIA is expelling Bhayani Insurance Brokers of Middlesex from membership and fining N W Brown & Company of Cambridge £4,000 over pension review failings.It says it is taking disciplinary action against both firms because they have failed to take all reasonable steps to meet the December 1997 deadline to complete 90 per cent of […]

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