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Your profession

Regulation

Sesame Bankhall suffers 'disappointing' £19m loss

Friends Life has reported a "disappointing" £19m loss for Sesame Bankhall Group (SBG) in 2013.

clock 18 March 2014 •

Your profession

Succession to launch 'lite' version of platform for sub-£50k clients

Wealth management group Succession is launching a ‘lite' version of its platform for clients with less than £50,000 of investable assets.

clock 18 March 2014 •

Regulation

Cowdery and Tiner to step down from Resolution board as restructure completes

Clive Cowdery, founder of The Resolution Group, and John Tiner, its CEO, have announced they will not stand for re-election as non-executive directors of the group at May's annual general meeting.

clock 18 March 2014 •

Your profession

London IFA signs advice deal with business mentoring service

London-based IFA Westminster Wealth Management has embarked on a joint venture with business mentoring service ActionCOACH, gaining access to the company's 1,000 plus entrepreneurial clients.

clock 17 March 2014 •

Regulation

APFA suggests providers send retirees local adviser list

Product providers should send their at-retirement customers a list of advisers to help them make better decisions about using their savings, the Association of Professional Financial Advisers (APFA) has suggested.

clock 17 March 2014 •

Regulation

Arck: Yorkshire Bank agrees redress scheme with investors

Yorkshire Bank has agreed a redress scheme with some investors in failed investment Arck.

clock 17 March 2014 •

Your profession

Bellpenny swells FUM by further £21m with latest purchase

Bellpenny, the national wealth manager and IFA acquirer, has acquired Essex-based Personal & Corporate Financial Solutions (PCFS).

clock 17 March 2014 •

Regulation

US regulator sues 16 banks for alleged Libor rigging

A US regulator has sued 16 banks for allegedly manipulating the London interbank offered rate (Libor).

clock 17 March 2014 •

Your profession

MAS non-exec director Laurie Edmans joins True Potential

Support services group True Potential has appointed Laurie Edmans, a Money Advice Service (MAS) non-executive director and former board member of the Pensions Regulator, as non-executive director.

clock 17 March 2014 •

Regulation

LEBC: Advisers overhauling business models as FCA focus returns to remuneration

Advisers are responding to the regulator's focus on advice bias caused by remuneration packages by adapting their business models, LEBC research and compliance director Peter Shelton has said.

clock 14 March 2014 •
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