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News

Pensions

Schroders launches flexible pre-retirement fund

Schroders has launched a fund to help defined contribution (DC) members coming up to retirement take advantage of incoming Budget flexibilities.

clock 15 January 2015 •

Investment

NS&I criticised as pensioner bond demand crashes website

National Savings & Investments (NS&I) has been accused of underpreparing for the launch of its pensioner bonds after its website temporarily crashed shortly after they went on sale.

clock 15 January 2015 •

Income

Bestinvest and Saga to launch advice service for over 50s

Saga and Tilney Bestinvest are to launch a joint venture offering investment and financial planning services to the UK's over 50s.

clock 15 January 2015 •

Equities

Investors ditch UK All Companies once more after October inflow

Investors sold out of the UK All Companies sector in November, with the sector returning to net outflows after a brief spell of inflows the previous month.

clock 15 January 2015 •

Regulation

High Court ruling may protect bankrupts' pensions after freedoms take effect

A man in bankruptcy has retained his personal pension after a High Court judge decided he should not be compelled to hand it over under an Income Payments Order (IPO).

clock 14 January 2015 •

Pensions

Guaranteed retirement income still key priority for over 55s - research

Seven out of ten defined contribution (DC) pot holders aged over 55 would prefer pensions to deliver a guaranteed income for life, according to research published by the International Longevity Centre-UK (ILC-UK).

clock 14 January 2015 •

Regulation

IFAs take FOS to Court of Appeal over Keydata redress

Three IFAs are taking their case to the Court of Appeal in a bid to overturn a High Court ruling backing a Financial Ombudsman (FOS) decision that they should pay clients compensation for advice to invest in failed firm Keydata.

clock 14 January 2015 •

Regulation

FCA cancels adviser's permissions for failing to submit returns

The Financial Conduct Authority (FCA) has cancelled an advice firm's permissions after it failed to submit regulatory returns.

clock 14 January 2015 •

Your profession

Towry teams up with magazine to target footballers' finances

Towry has formed a partnership with Professional Player magazine in a move to offer financial planning and investment management to footballers.

clock 14 January 2015 •

Investment

Jupiter posts £626m net outflow for Q4

Jupiter Fund Management saw a net outflow in Q4 following the loss of a segregated mandate and closure of its Split Capital trust.

clock 14 January 2015 •
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