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Widdecombe fayre

Described by enemies as a right-wing schoolmistress and friends as Satan with a handbag, Conservative MP for Maidstone and the Weald Ann Widdecombe is the Women IFA Group&#39s latest motivational speaker.

Following Widdecombe&#39s dramatic weight loss as part of TV&#39s Celebrity Fat Club, The Diary hopes this date in her calendar is not a sign that she has fallen off the low-fat wagon.

The meeting, booked for October, is to be held at Le Petit Blanc restaurant in Manchester.

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IFAs face added burden on money-laundering rules

IFAs may be forced to collect significantly more information when establishing relationships with new clients under the latest set of FSA proposals aimed at combating money laundering. Discussion Paper 22, Reducing Money Laundering Risk – Know Your Customer and Anti-Money Laundering Monitoring, published by the FSA this week, proposes extending the information that must be […]

Active v passive debate not helped by flawed research

I was interested to read the articles which claimed, based on research by Hargreaves Lansdown, that actively managed funds beat passively managed ones. This was apparently based on measuring compounded returns over several cumulative periods of years ending at the present. The problem with this approach seems obvious but perhaps it will bear illustrating by […]

Group 300 seeks £10m to buy network

Cambridge-based IFA network and support services provider Group 300 is looking to raise £10m from private investors to buy a medium-sized network within the next six months. The group, formerly Advice Store, launched in January last year, is in negotiations with a commercial financier to secure the £10m from private equity investors. It is aiming […]

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