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Wells Street Journal: Who’s the real Ultimate Warrior?

It has been a difficult few weeks for Richard Paul “The Ultimate Warrior” Thomas.

The senior member of editorial staff across Money Marketing and Mortgage Strategy has a tough decision to make.

A few years ago Paul Thomas was tricked by his university friends into signing a form which meant he acquired the recently deceased American wrestling star’s name by deed poll.

But what to do following news of the untimely death of the 54-year-old, famous for being two-time WWF Intercontinental Champion?

To be or not to be, as someone once scribbled. Whether it is nobler in the mind to apply to the UK Deed Poll Service for the name to be removed  or should PT take arms against a sea of troubles and look to emulate the persona of the face-painted, ripped bundle of testosterone in his everyday life as the ultimate tribute?

The WSJ understands the latter option is the much more likely direction of travel and we can only raise a pint in admiration of the Welshman’s misguided courage.   

Perhaps this trend could catch on across financial services. The WSJ is far too polite to point fingers at the MM hacks and columnists who ould take on the famous names of Big Daddy or Giant Haystacks. Is there an Undertaker out there (perhaps at Canary Wharf)? Which duo could be The Natural Disasters? Who’s the Big Boss Man? Any rude, unkind or unfair suggestions can be tweeted to @MM_WSJ or emailed to



FCA fines Invesco Perpetual £18.6m for fund management failings

The FCA has fined Invesco Perpetual £18.6m for fund management failings and exposing investors in 15 funds, including its giant income funds previously run by Neil Woodford, to greater levels of risk than they expected. Between May 2008 and November 2012, Invesco Perpetual did not comply with investment limits, designed to protect consumers by limiting their […]

The Technical Quiz: 1 May

To help you to keep up with the fundamentals of tax, retirement and financial planning, try answering these questions. The following questions relate to pensions. Question one What is the difference between quantitative and qualitative statements and questions in the fact-finding process? A A qualitative statement is a description of what the client has or […]


FCA issues warning over Sipp advice failures

The FCA has issued a further warning to advisers encouraging clients to invest their pension in unregulated products through Sipps. In January last year, the regulator raised concerns some firms were advising on pension transfers to Sipps without assessing the advantages and disadvantages of the underlying investments to be held within the new arrangement. Despite […]


Andrew Tyrie: FCA board must not interfere with closed book inquiry

Treasury select committee chairman Andrew Tyrie has warned the FCA’s board not to interfere with the inquiry into its bungled announcement over closed book legacy business.  In March, the Daily Telegraph reported the FCA was set to force insurers to review exit charges on all their legacy policies as part of a closed book investigation. Insurers’ […]


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