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Two new managing directors for PIFC

Employee benefits and HR constancy PIFC is appointing David Tildesley as managing director of its corporate consulting division and Peter Taylor as managing director of its corporate benefits division.

Tildesley joins from Prudential where he was business to business director, successfully growing market share within the Prudential&#39s pension practice against difficult market conditions. Taylor returned to PIFC 18 months ago to create its HR consulting services.

PIFC Group Managing Director Nick Burns says: “Both David and Peter have a huge amount of experience in their respective fields and they will make an invaluable contribution to the future growth of their particular divisions.”


F&C merger to boost Friends asset management income

The merger of Isis Asset Management and F&C, formally Foreign & Colonial, will increase Isis parent Friends Provident&#39s profit from asset management to 24 per cent from 10 per cent. Friends Provident group chief executive Keith Satchell says: “We have consistently pursued our strategy of building the importance of asset management within the Friends Provident […]

BBB cuts its losses and lifts revenue

Berkeley Berry Birch could break even next year after the group cut its losses to £4.9m in the year to March 31 compared with a loss of £7.1m in the same period last year. Its preliminary results show that the group&#39s revenues rose from £53.7m to £66.5m, with its financial advisory, insurance and network divisions […]

&#39Interest rate rises beginning to bite&#39

June saw house prices rise by just 1.2 per cent – the smallest gain since last November, according to the Halifax&#39s monthly house price index. The gain was well below the average monthly rise of 2.1 per cent in the previous six months. Halifax says this suggests recent increases in the cost of borrowing are […]

Close goes developmental

Close Property Investment has brought out the fifth special opportunities fund, an exempt unit trust providing self-invested personal pensions (Sipps) and small self-administered schemes (SSAS) investors with exposure to UK commercial property developments. The fund aims for a return of around 15 per cent a year by investing in up to seven commercial property developments […]

Who cares?

By Tracey Dickson, marketing consultant There are almost 7 million carers in the UK – that’s around 10 per cent of the population who provide unpaid care for a disabled, seriously ill or older loved one.1 But according to a report from the charity Carers UK, 20 per cent of people providing 50 hours or more of care […]


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