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Author profile

Laura Miller

Laura Miller

Professional Adviser

A journalist since 2009, Laura is a former news editor of Professional Adviser, where she worked for a number of years. She specialises in uncovering problems in retail finance, and has reported on some of the biggest failures in the investment world, including Keydata, Arch Cru and Harlequin Property.

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Articles by Laura Miller

Regulation

The FSCS, Keydata and the domino effect

The pursuit by the FSCS and FSA of advisers who recommended Keydata products looks set to create a domino effect that will cascade far and wide.

clock 09 December 2011 •

Economics / Markets

Lloyds chief must reapply for own job

Lloyds Banking Group's chief executive António Horta-Osório is having to reapply for his own job as doctors prepare to give him the go-ahead to return to work from sick leave.

clock 09 December 2011 • 1 min read

Investment

FSA report on RBS calls for more power for regulators - reports

Regulators should be given greater powers to block hostile bank takeovers in order to avoid a future crisis like the one that forced Royal Bank of Scotland's (RBS's) into a £45bn taxpayer bail-out, the chairman of the Financial Services Authority (FSA)...

clock 09 December 2011 •

Mortgages

Mortgage approvals jump to highest level for two years

Loans for home purchases reached their highest number since December 2009 in November thanks to the loosest mortgage lending conditions seen since the Lehman collapse, according to the latest Mortgage Monitor from e.surv chartered surveyors.

clock 09 December 2011 • 1 min read

Investment

Cru promised buy-outs to IFAs who moved all clients into its funds

IFAonline has uncovered documents which show Cru Investment Management offered IFAs who moved all of their clients into its funds preferential buy-out terms when they wanted to exit the industry and sell their business - but only after they had been with...

clock 07 December 2011 •

Investment

Revealed: The Cru switch pitch (how to charge all clients 1% trail)

Cru Investment Management encouraged advisers to invest all of their clients in Cru funds at a blanket rate of 1% trail commission, in a presentation one IFA has branded a "shambles to encourage churning".

clock 07 December 2011 •

Investment

Cru's 12 steps to switch all clients to its funds

Cru Investment Management gave advisers a 12 step plan to migrate all of their pension and investment clients to its funds, with the offer of a lucrative succession strategy for exiting advisers if they did.

clock 07 December 2011 •

Tax Planning

IHT and CGT allowances to rise with lower CPI rate

Inheritance and capital gains tax-free allowances will rise more slowly in future, following a government decision to uncouple them from the retail prices index (RPI) so they rise in line with the lower consumer prices index (CPI).

clock 06 December 2011 •

Investment

IFA to defend £2m Keydata claim at High Court

Leeds-based IFA Lampott Ltd must defend a £2m claim for damages at the High Court, after it invested more than a third of a company pension scheme in failed life settlement firm Keydata.

clock 06 December 2011 •

ETFs

ETF Securities put up for sale for £1bn

Graham Tuckwell, one of the pioneers in the exchanged traded fund market, has put his company ETF Securities up for sale with a potential £1bn ($1.6bn) price tag.

clock 05 December 2011 •
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