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X-ray marks the Star spot

It&#39s the Pru, Jim, but not as we know it. Diary hears that a model of the Starship Enterprise caused Prudential&#39s IT division to run for cover a few weeks ago when it sparked off an over-sensitive X-ray machine.

The Diary knows that unsolicited marketing material can get a bit annoying but calling in the bomb squad to sort out the problem could be described as a step too far.

Still, the story has a happy ending – after the police deemed the toy to be safe Pru Tech, to be known now as Pru Trek, were allowed back into the building.


Bankhall forms partnership with Paymentshield

Bankhall and Paymentshield have come together to offer mortgage advisers a one-stop product and compliance stop for upcoming FSA regulation of mortgages and general insurance.Paymentshield is a specialist provider of mortgage payment protection insurance and also offers life and critical illness cover.Bankhall says the move follows its recent alliance with Premier Mortgage Services and creates […]

Ruffer aims to pick the Pacific opportunities

Ruffer Investment Management is launching a Pacific fund to invest in the Asia Pacific region on an absolute-return basis. Ruffer says it is upbeat on the prospects for the Asia Pacific region because of significant improvement in the region&#39s economies, financial systems and corporate sectors over the past few years, as well as the favourable […]

Equity door slams shut on Standard

It is almost as if Standard Life&#39s with-profits fund is the worst kind of bandwagon-jumping, buy &#39em high and sell &#39em low naive investor. The life office bet big on equities and lost as the market fell and continued south. In the last two years many life offices, including Standard, were forced sellers of equities. […]

NU&#39s guarantee is not unfair

Regarding the letter headlined, Norwich Union&#39s with-profits guarantee is unfair to other investors (Money Marketing, February 19), it is not true to say that “any guarantee taken by an investor would be to the detriment of those investors remaining in the with-profits fund”. The cost of the guarantee will be met out of the free […]


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