Five more days in the world of financial advice and every one of them was eventful…
Monday The Association of British Insurers got the week going by turning its fire on one of its own. The organisation criticised Standard Life over rewards for its directors. Meanwhile, closure to the Equitable Life saga came a little closer after financial secretary Mark Hoban announced details of the payouts to victims. Tuesday Inflation hit its highest level since September 2008 - 4.5% - with rises in transport fares a significant contributory factor. There was also potentially big news for the advisory industry, with Sesame confirming it will set up a ‘mini' national IFA. ...
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