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News

Regulation

Providers back FCA's 'second line of defence' for retirees

Pension providers must ask clients a set of key questions before they access their pension pot and should also highlight the benefits of regulated advice, the Financial Conduct Authority (FCA) has said.

clock 26 January 2015 •

Investment

Succession snaps up advice firm for £3m

National advice firm Succession has bought Reading-based adviser Finch Financial Services for £3m, marking the completion of its 12th acquisition.

clock 26 January 2015 •

Tools

Distribution Technology models 'catching up' after adding high yield

Distribution Technology (DT), a provider of risk profiling tools to hundreds of adviser firms, has introduced high yield bonds to eight of its ten risk models for the first time.

clock 26 January 2015 • 2 min read

Tax Planning

Footballers facing poverty over tax foul up blame advisers

Retired Premier League players are among more than 100 footballers who face financial ruin as a result of demands from HM Revenue and Customs (HMRC) for what it has said is unpaid tax, but the sports stars said the fault lies with their advisers.

clock 26 January 2015 •

Investment

Anti-bailout Syriza triumphs in Greek elections to resurrect euro crisis fears

Left-wing anti-austerity party Syriza has secured a commanding election victory in Greece, setting the scene for a stand-off between the country and its creditors.

clock 26 January 2015 •

Investment

In the dog house: Nine Aberdeen funds make Bestinvest 'dog list'

Nine Aberdeen funds have made Tilney Bestinvest's 'dog list' of underperforming funds, as the SWIP acquisition and a US underweight in its global funds dragged on performance.

clock 26 January 2015 •

Regulation

Pensions expert: Lack of staff expertise will 'blow' guidance service

The government's guidance guarantee providers will not be properly staffed by April and will lack the right level of expertise to deliver the service, a pensions expert has warned.

clock 26 January 2015 •

Distributors

Post Office financial services to amalgamate under new brand

The Post Office is to amalgamate its range of financial products under a new brand in its bid to become a leading 'challenger' in UK financial services.

clock 26 January 2015 •

Regulation

Half of workers not heard of pension reforms, research

More than half of a 'representative sample' of workers questioned in a recent survey said they were unaware the government's pension reforms had happened.

clock 26 January 2015 •

Tax Planning

HMRC income from tax crackdown on 'mass affluent' up 60%

HMRC's crackdown on tax avoidance and evasion by people who it calls "mass affluent" saw an income boost of 60% in the last year, a new report has claimed.

clock 26 January 2015 •
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