Adviser snapshot: Five stories under 100 words

Five stories under 100 words

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Professional Adviser runs through the product tweaks, noteworthy hires and other updates that advisers should know (but which didn't quite merit their own headline)...

  1 Investment trusts Investment trust purchases via platforms by advisers and wealth managers reached a record high of £125.3m in Q1 2015, according to figures from the Association of Investment Companies. Purchases for the quarter were 14% higher than in Q1 last year (£109.7m) and 43% up on the corresponding period in 2013 (£87.6m). Annual purchases for the year to end Q1 2015 also reached a new high of £468.6m.   2 Fracture cover Friends Life Individual Protection has launched its Fracture Cover addition - available for its life, critical illness and income protection prod...

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