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Vicki Smith from Halifax

Vicki Smith from Halifax independent Financial Advisers in Aylesbury is off to Mauritius (pictured above) for a week after having her name pulled out of the hat in Britannic Retirement Solutions&#39 Talk More competition. Also off to sunnier climes is Momentum Financial Services&#39 Philip Hunt, who exchanges his native Farnborough for a week in Morocco.

UCB Homeloans managing director Charles Reed (pictured right) is one of the scurvy dogs crewing the UKSA Whirlwind on its 615-mile trip from Cowes to the pile of rock off the south-west tip of Ireland known as the Fastnet and then back to Plymouth.

In a bid to raise over £4,000 for charities Macmillan and The Children&#39s Trust at Tadworth, Reed will be repeating a similar excursion that he took in 2001, after which he swore never to do anything remotely like it again.

Take the sick bag, Charlie, it could be choppy.


Court says Equitable can sue for £2.6bn

Equitable Life has been given the green light to sue former auditors Ernst & Young for up to £2.6bn after the Court of Appeal threw out an earlier ruling disallowing most of its claim.The case is expected to start in October next year, with Equitable claiming that E&Y breached its duty by not telling the […]

Pru Intl review shuts LTC bond

Prudential International is dropping its long-term care bond in an “ongoing commercial and strategic review of products”.The plan closes to new business on August 1, remaining open only for investment top-ups. Raising the level of cover will no longer be possible.The bond was launched under the Scottish Amicable European brand and came under fire in […]

Cavanagh in takeover talks with E&Y

Aim-listed IFA the Cavanagh Group is in advanced talks to buy Ernst & Young Financial Management in a reverse takeover.The deal would see legal and accountancy specialist Cavanagh more than double in size to 101 RIs from its current 42 if E&Y&#39s 59 advisers come on board.Cavanagh&#39s shares were suspended on Tuesday morning following the […]

Walking the tightrope

When the Department for Work and Pensions published its Green Paper in December, the response from practitioners was muted if not critical.Many issues in the Green Paper had already been covered previously in depth in the Pickering report so we expected more action, instead of which we got more consultation. Perhaps the criticism was unfounded, […]

Sticking to valuation discipline when investing in China

Journalist Alexis Xydias discusses the opportunities – and potential pitfalls – of investing in China with Artemis fund manager Peter Saacke. With Peter holding significant positions in China in the Artemis funds he manages, journalist Alexis Xydias quizzes Peter on the risks of investing in Chinese stocks – including over-valuations, margin trading and financial reporting issues. Click here for video


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