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Witan picks MD

Witan Investment Trust has appointed James Robinson as its new managing

director. Robinson, 46, will take over management of the £2bn general

investment trust from Christopher Clarke on June 30.

He joins Witan from parent company Henderson Investors where he has been

director of international equities since 1998. He was previously a director

of Henderson.

Clarke, who has managed the trust for more than seven years, is stepping

down from his responsibilities at Witan as he approaches retirement but

will remain a member of the board.


50 MPs back Standard mutual fight

Standard Life has won the support of 51 MPs in itsbattle to stay mutual.Among those backing the life office is chairman of the influential AllParty Building Society Group, Andy Love.He has thrown his weight behind the mutual in its battle withcarpetbagger-in-chief Fred Woollard by putting down an Early Day motion inthe House of Commons – […]

The new view of technology

While one might be forgiven for thinking the investment community had lostfaith in the technology sector, in fact, the fundamentals for the sectorcould hardly be better.Technology stocks registered record earnings in the first quarter and themajority of companies are very optimistic about the outlook going forward.Currently, however, the mood of the overall market is not […]

Commission increasedon Permanent CI range

Permanent Insurance is off-ering intermediaries increa- sed commission aspart of its revamped critical-illness product range.Commission is increased to 125 per cent of Lautro rates from 100 per cent.The new range features improved rates on all five of Permanent&#39s critical-illness products, a new buyback option and no exclusions.The range also features fast-tracked underwriting for meningitis and […]

Change of name for Johnson Fry as it looks to boost retail funds

Moneyextra has set up moneyextra insurance, a new fully online virtualmarketplace for personal lines of insurance.The service offers product providers real-time feedback on the profiles ofprospects and customers.It allows insurers to monitor their competitiveness and manage theirmarket position by amending products and rates online, creating a virtualmarketplace where products and rates are matched to consumer […]


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