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Wake up little sushi

At the launch of Jupiter’s Japanese income fund a gaggle of hacks learnt how to make sushi.

Risky business, mixing journalists and sharp knives, especially given that the first question asked by the teacher was “Is anybody drunk?”

  • The Diary is still trying to ascertain the identity of a mystery woman who was carried off rather the worse for wear at the Money Marketing 20th anniversary bash.

    Just The Diary’s type, it would seem It appears that she got just a bit too much into the swing of things and no doubt ended up suffering an even worse hangover than the rest of us who valiantly lasted out the Somerset House shindig.
  • F&C communications director Jason Hollands tucked into a tasty guinea pig recently on holiday in South America.

    While his girlfriend sat opposite with her eyes averted from the sight of the roasted rodent, Hollands delighted in sampling the local delicacy.
  • The ever so modest caricaturist at the Money Marketing 20th Anniversary bash, after shaming an MM hack had the gall to boast to onlookers “I have not had any complaints so far.”

    Not sure which pictures he was looking at, but one guest peering over the shoulder of the artist pulled a rather quizzical face, asking: “Are you about 40?” Erm …no,not quite.


Shake-up of senior management at TMB as directors leave for Deutsche Bank

Nigel Payne is assuming full responsibility as managing director of The Mortgage Business replacing current md Bill Dudgeon.Current TMB directors Bill Dudgeon, Mark Bergin, David Parry and Paul Graham are leaving the business to join Deutsche Bank at the end of September. Deutsche has been widely tipped to enter mortgage lending business by the end […]

FSA bans IFA on bond misselling

The FSA has banned a former director of a St Albans IFA for a catalogue of rule violations including precipice bond misselling. Idris Nagaty, formerly a director of liquidated firm Young Ridgway Associates, breached a number of the FSA’s Statements of Principle for approved persons. The FSA judged that Mr Nagaty failed to ensure that […]

Skandia rejected Old Mutual bid for lacking industrial logic

Skandia Life’s board offered a vision of a promising future as an independent company as one of its prime reasons for rejecting Old Mutual’s 3.1bn takeover bid this morning.Although Old Mutual’s offer has been judged as financially fair by independent assessor ABN Amro, Skandia Life says the combination of Old Mutual and Skandia lacks industrial […]

Sipp euphoria could see rise in misselling

Product providers and advisers should be aware of the heightened risk of misadvising and misselling amid Sipp fervour, warns City law firm Reynolds Porter Chamberlain. Churning, investing too much into a Sipp, unsuitable alternative investments, residential property and tax avoidance are cited as the five main danger zones by the firm. RPC partner Charles Suchett-Kaye […]

The savvy consumer

In last year’s FCA thematic review of the mortgage market, one of the key things highlighted was the “savvy consumer”. That’s the client who comes in the door with a very clear idea of what they need and expect you to get them it. They don’t think they need advice, they have after all consulted […]


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