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Venture capitalist under fire from senior member of CBI

Venture capitalist have come under fire for failing the economy because they are pre-occupied with large management buy-out and technology businesses says the Financial Times.

Confederation of British Industry chairman of small and medium enterprise council Colin Perry attacked venture capitalist saying the concentration on these types of companies is unsustainable.

He claims that focusing on such a narrow band of companies is &#39self-defeating&#39 as it will pushing prices up and therefore affecting potential returns.


PIA gets tough as IFAs shun new PI cover

Thousands of IFAs may face suspension by the PIA over PI cover as newresearch reveals 75 per cent face difficulties obtaining compliantpolicies.The regulator has accused IFAs of having “given up the ghost” and of “notbothering to get PI cover or giving up too easily”.Spokeswoman Sarah Modlock says: “Some are not letting us know they are […]

Insurance services dominate internet searches

Financial services internet web directory has reported a surge in the number of hits in August from people looking for information on insurance services.Unfortunately for IFAs this demand has mainly been concentrated on motor insurance, which has seen demand jump by 108 per cent.Insurance services received 42 per cent of the total number of […]

Stakeholder cap may go says Darling

Social Security Secretary Alastair Darling has indicatated the Government is prepared to relent on its proposed one per cent stakeholder charging cap.Darling said there was still room for change at a meeting of the Insurance Society of Edinburgh held last week.He answered questions on the proposed one per cent charge, following a speech on stakeholder, […]

Steep premium increases needed to make household insurance profitable again

Household insurance premiums need to increase by more than 5 per cent above the rate of inflation to make the industry profitable in the longer term according to Bacon & Woodrow.The B&W report in today&#39s Financial Times says the increases are needed to offset an estimated industry loss of more than £350m last year, its […]


Guide: 10 required letters — what to send, to whom and when?

This guide from Johnson Fleming will take you through the required communication and also give ideas for additional actions that will ensure your auto-enrolment project is a success. The topics in this guide include: the letters you need to send out; what to send and when; the importance of employee engagement; and what to consider as additional communication.


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