This week's news... condensed

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Riots in London and elsewhere may have dominated this week's national news agenda, but, in financial services at least, there was plenty else going on…

S&P Earlier this week, markets and analysts reacted to S&P's downgrading of the US's prized AAA rating, but legendary investor Warren Buffett put his neck on the line to back his homeland. Among those hit by the ongoing turmoil in the markets were some of the most popular funds used by investors in their SIPPs. Platforms Meanwhile - and although they slipped a little from the headlines - the world of platforms continued to provide interesting developments, with Fidelity FundsNetwork urging the regulator to review the "EasyJet" style charging structure of wraps. The company also...

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