Towry Law has signed a deal to provide its online financial advice system My Financial Friend to Sainsbury employees.My Financial Friend allows employees to explore individual personal finance issues using their employer’s extranet service. It works in with existing IT systems and forms part of the employer’s home page or company benefits page. Sainsbury recognises the importance of independent financial planning and believes Towry Law is well placed to deliver quality advice through its national network. J Sainsbury spokesman Geoff Pearson says: “Installing My Financial Friend via our pension website opens up access for all our employees to gain further financial information and advice, complementing the range of our existing employee benefits.” Towry Law Financial Services director Alistair Gregory-Smith says: “We have been focusing our attention on growing Towry Law’s business-to-business operation within the employee benefits market for companies ranging in size from SMEs to the FTSE 100.”
Half of pension providers are worried that they are ill-prepared for A-Day and say preparing for pension simplification is harder than Y2K.
With combined sales of UBS’s absolute return bond fund, and DWS’s Ratebuster product topping £90m in their offer periods, the industry has been reflecting on whether these apparently safe products can deliver on their promises. Hargreaves Lansdown investment manager Ben Yearsley says the most important thing with new products is that they have good investment […]
Close Asset Management has appointed SG Asset Management’s Rufus Warner as chief executive officer of Close Finsbury Asset Management.
Destini is sponsoring Embassy Racing, a team competing in the 2005 SRO British GT series championship. Not only does this give the sales team an opportunity to mix with the pit lane love-lies but it also means that the Destini logo will be emblazoned across the new Embassy Porsche for the rest of 2005. Destini […]
The head of Artemis’ US team explains why he is holding cyclical stocks (like semi-conductors) while also investing in growth (videogame producers, Amazon).
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Fighting over those in financial services, rather than garnering interest from outside it, is asking for trouble When you ask the owner of an advice firm what concerns them most, they respond with one of two answers: regulatory change and recruitment. For once, I am going to talk about the latter. Here are the main problems as […]
Columbia Threadneedle is urging Unilever to engage with investors after its decision to establish its main headquarters in Rotterdam. Columbia, one of Unilever’s biggest shareholders, said it was disappointed with Unilever over concerns the move could be damaging for British shareholders. Head of responsible Investment at Columbia Threadneedle Investments Iain Richards said in a statement: […]
Aviva has u-turned on plans to scrap preference shares to investors. In a statement this morning, the insurance giant said that since it mooted the plans in its annual results earlier this month, it had discussed the issue with investors who had provided “strong feedback and criticism.” Based on the responses, Aviva says it has […]