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Winds of change

Poor Kevin Carr. The Lifesearch protection guru came back from holiday two weeks ago to find the worst of all disasters at home.

No, he had not flooded his house with the washing machine or left a burning candle that had turned his precious home into a smouldering ruin. It was much worse than that.

Carr came back to find that fierce winds had moved his satellite dish so his Sky system did not work, meaning no new series of 24 and no watching his beloved Arsenal on the box. He managed to watch the football in the pub but Jack Bauer had to wait.


Standard Life chief regrets racist phrase

Standard Life chief executive Trevor Matthews has apologised for using a racist phrase.Matthews made the remark while addressing over 550 Standard Life staff at a meeting organised by Amicus last week in Edinburgh to discuss changes to the company’s pension scheme.In response to a question on why the proposed closure of Standard Life’s final-salary scheme […]

Protection marketer quits Friends

Friends Provident head of protection marketing Ian Jefferies is leaving the firm after 24 years. He is understood to be moving to general insurance firm Fortis.

Kensington sells TML as 2006 lending levels rise

Kensington Group has sold its direct-to-consumer business TML following a strategic review of the business. TML, which was bought by Kensington in 2002, has been sold to Customer Financial Solutions for an undisclosed sum, with Kensington citing low levels of business generated for its sale.Kensington has also today reported a 17 per cent increase in […]

FSA says don’t rely on 15-year long stop

The FSA is telling firms that it is inappropriate and misleading to rely on the 15-year long-stop defence when time-barring endowment cases.The regulator has published thematic work on time-barring endowment complaints and although it found the vast majority of cases are fair and in accordance with Disp rules, a small number were rejected inappropriately and […]

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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