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The Daley Update

M&G UK Retail has appointed Gary Shaughnessy as chief executive and Phil Wagstaff as managing director. Shaughnessy steps up from retail director of marketing while Wagstaff is promoted from deputy managing director.u The British Venture Capital Association has appointed Duke Street Capital chief executive Edmund Truell as chairman. He takes over from Friends Ivory & Sime Private Equity chief executive David Thorp. Truell was previously BVCA investor relations committee chairman.

Rothschild Asset Management has recruited Alexandra Man for its multi-manager team. Man joins from Bacon & Wood-row&#39s fund manager research department.

Bestinvest is teaming up with US fund analysis company Morning-star to extend its online services. Bestinvest clients will be able to access Morningstar&#39s analysis tool which lets them monitor their portfolio.

The David Aaron Partnership has updated its guide to venture capital trusts. The guide shows that all but three VCTs which are more than five years old have given investors a “good paper profit”.


Scot Prov members say yes to Abbey

Scottish Provident members voted yes to plans to demutualise and transfer business to Abbey National at yesterday&#39s extraordinary general meeting.Subject to independent verification of the votes cast by members at the EGM Scottish Provident says it is already clear from the proxy votes received that in excess of 97 per cent of votes cast were […]

Pink continues to focus on self-cert market

Pink Home Loans has teamed up with Verso with the introduction of the exclusive self-cert mortgage.The product has a fixed rate of 5.98 per cent for the first three years of the mortgage for loans of up to 85 per cent of valuation. Pink Home Loans has targeted the mortgage at self-employed people who can […]

Towry Law launches extranet website for employers

Towry Law is launching an interactive website which will allow employers to offer employees a full support service of information, financial advisory services and transactions through an extranet link.Employees can buy Isas, take out a stakeholder pension and view information on generic mortgage types. The service, designed for large or small employers, is supported by […]

The mane event

If one of your colleagues came in to work on Thurs-day growling like a lion, chances are they were at this year&#39s PIMS event. If your colleague came in to work with bags under their eyes, raging hangovers and a vague recollection of making a business deal at 3am in the ship&#39s disco, they were […]


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