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Two-thirds of offices aim to boost marketing

Nearly two-thirds of life offices are worried about the level of demand for their products in the coming year, with a record proportion looking to boost marketing spend. According to a quarterly poll carried out by the CBI and Coopers & Lybrand at the end of last year, 63 per cent of insurers are concerned that demand is likely to limit their business prospects this year.


Virgin ad makes an empty claim

IFA Towry Law has accused Virgin Direct of misleading investors with its latest ad cam- paign for its Growth Pep. The ad carries a list of all the rival Peps which have outperformed Virgin&#39s Growth Pep in all three years since Virgin launched in 1995. The list from one to 99 is empty. “Well you […]

Hill Samuel offers low-cost Pep in bid to cut investment trusts&#39 NAV discount

Hill Samuel Asset Management is strengthening its investment-trust range with a low-cost Pep which invests in three investment trusts. The Pep covers the Hill Samuel UK Emerging Companies, German Smaller Companies and Lloyds Smaller Companies investment trusts. The move is partly an attempt to reduce the discount to net asset value on the trusts – […]

You&#39re fired – have a nice day

Your company is in financial turmoil, doom and gloom reigns and meltdown is just around the corner. So what do you do? If you are British, you probably get depressed and moan. But if you are South Korean and your economy appears about to collapse, you do something very different. Last week, bosses at Samsung […]

Liddell in warning to small firms on review

Treasury economic secretary Helen Liddell has turned her wrath on smaller IFAs which fail to progress sufficiently with the pension review. Speaking in the House of Commons last week, Liddell criticised IFAs over their conduct of the review and warned that they must step up their efforts. So far, Liddell has concentrated on naming and […]

Testing the Foundation

The global economy isn’t headed into recession, at least not yet. This month, David Lafferty, Chief Market Strategist at Natixis Global Asset Management, examines current capital market and portfolio risks for signs of recession. Click Here for Capital Market Notes


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