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News

Technology

FinaMetrica launches pared-down risk profiler with 12 questions

Risk profiling software provider FinaMetrica has launched a shorter version of its risk tolerance test for advised clients with ‘single goal' investment needs or smaller amounts to invest.

clock 22 October 2014 •

Pensions

Short service refunds banned from October 2015

Short service refunds are to be banned from April 2015, the government has confirmed.

clock 22 October 2014 •

Economics / Markets

MPC minutes suggest later rate hike despite 7-2 split

The Bank of England's Monetary Policy Committee remained split 7-2 against raising interest rates this month but took a gloomier view of the country's economic prospects.

clock 22 October 2014 •

Regulation

Police investigate former Sense IFA for 'running fraudulent scheme'

A former appointed representative of the Sense Network is being investigated by police for allegedly running an unauthorised deposit taking scheme, Police Scotland has confirmed.

clock 22 October 2014 •

Offshore Investment

Sustainable Investment Awards - finalists announced

Winners announced on 26th November 2014 at Sustainable Investment Conference

clock 22 October 2014 •

Regulation

FSCP warns of emergence of 'toxic' products in retirement space

Chair of the Financial Services Consumer Panel (FSCP) Sue Lewis has told MPs she expects the emergence of "a lot of toxic products" in the retirement sector following the announcement of new pension freedoms in the Budget.

clock 22 October 2014 •

Regulation

FCA roadshow presentations 'rated 9 out of 10' by advisers

Advisers have rated Financial Conduct Authority (FCA) presentations above 90% for the second quarter in a row, according to a survey by the Personal Finance Society (PFS).

clock 21 October 2014 •

Regulation

FSCS pays out £21m for network mis-selling legacy

The Financial Services Compensation Scheme (FSCS) has so far paid out £21.2m in claims related to the collapse of adviser network Alpha 2 Omega (A2O) after finding widespread mis-selling of unregulated collective investment schemes (UCIS).

clock 21 October 2014 • 2 min read

Whole of Life

Aegon launches integrated whole of life trust policy

Aegon UK has launched a whole of life protection plan which offers the ability to place the policy in a discretionary trust at application.

clock 21 October 2014 •

Pensions

'We have to get it right by 2020': TPAS chief on guidance guarantee uptake

It is critical guidance guarantee take up rates increase in its first five years of operation as the proportion of retirees solely relying on defined contribution (DC) pensions grows, Michelle Cracknell has said.

clock 21 October 2014 •
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