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Up to 99 jobs may go at Inter-Alliance

Inter-Alliance is conducting a formal review which could see up to 99 back office and compliance staff made redundant from its Wimbledon headquarters and West Byfleet offices according to sources close to the company.

The review follows the management shake-up two weeks ago which saw founding chief executive Stuart McGreevy leave the company and the appointment of Keith Carby as chief executive.

Carby concedes there is an ongoing review but says if any jobs do go, it will be nowhere near the number predicted.


Fight every inch on CP121 detail

In the immortal words of Corporal Jones, the message to IFAs at the moment should be “Don&#39t panic.” CP121 could have been much worse.The good news is that it does at least leave the fate of IFAs and their businesses in their own hands. There is a way for IFAs who want to retain the […]

Pascal joins Bam

Baring Asset Management has appointed Ian Pascal as its new marketing director.Pascal, who was made redundant by Old Mutual Asset Management at the end of last year, joined BAM this week.In his new position, he will be responsible for mutual fund promotion throughout Europe and the UK. He will report to global head of marketing […]

The regulatory treadmill

Roger Anderson&#39s article (Money Marketing, January 24) prompts the thought how did we get where we are and how do we untie the knot?The FSA was originally sold on the basis that heavy regulation would engender consumer confidence and bring about increased business flow as markets became cleanerRecent evidence suggests the result is just the […]

Scottish Friendly secures growth

SCOTTISH FRIENDLY ASSURANCE GROWTH & SECURITY BOND Type: With-profits bond. Aim: Growth. Minimum investment: Lump sum £3,000. Bonus rate: 5.25 per cent. Allocation rates: £3,000 – £9,999 95 per cent, £10,000 and above 96 per cent. Charges: Implicit. Options: 2.5 per cent bonus on 10th anniversary. Commission: Initial 5.25 per cent. Tel: 0800 834428. The […]

Healthcare regulation amalgamation predicted for Gulf states

While Dubai is leading the way in terms of legislating for expat healthcare in the Gulf, Qatar, Abu Dhabi and others are watching and learning – that’s according to Jelf International’s director of international services, Doug Rice. He believes the pace of change in the Gulf states will continue and that some level of unified healthcare system will be introduced across the region.


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