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News

Equities

Shares in Buffett's Berkshire Hathaway pass $200k

Shares in Warren Buffett's firm Berkshire Hathaway have reached a new high of $200,000 each.

clock 15 August 2014 •

Wrap/platforms

Which platforms excel at adviser service? You decide...

Financial advisers are being invited to vote for the platforms they believe over-deliver (or at the very least properly deliver) on service.

clock 14 August 2014 •

Regulation

Keydata claims another adviser as 28 firms declared in default

Another Keydata adviser has been declared in default by the Financial Services Compensation scheme (FSCS), as it published a new list of 28 advice firms unable to meet claims against them.

clock 14 August 2014 •

Regulation

Alan Lakey becomes agony aunt Dr FOSgood

Highclere Financial Services senior partner Alan Lakey and adviser community website Panacea Adviser have teamed up to launch a helpline for advisers tackling Financial Ombudsman Service (FOS) related issues.

clock 14 August 2014 •

Investment

Revealed: Harlequin boss misleads investors about FSCS support for troubled trust

Harlequin chairman David Ames is misleading investors into thinking the Financial Services Compensation Scheme (FSCS) backs a controversial trust he is trying to use to rescue his troubled overseas property scheme - a claim the FSCS denies - information...

clock 14 August 2014 •

Economics / Markets

Bank 'won't be pushed into raising interest sharply' - David Miles

The Bank of England won't be pressured into hiking the base rate quickly because inflation is likely to remain relatively low, according to economist David Miles.

clock 14 August 2014 •

Pensions

Auto-enrolment hits four million milestone

More than four million employees have now been automatically enrolled in a workplace pension, according to The Pensions Regulator (TPR).

clock 14 August 2014 •

Income

London & Colonial launches 'cash-out' annuity

London & Colonial (L&C) has launched an annuity contract with a ‘cash-out' option, which it claims is the first of its kind on the market.

clock 14 August 2014 •

RDR

FCA warns firms on 'self-defeating' transactions

The Financial Conduct Authority (FCA) is reminding advisory businesses to beware "self-defeating transactions" when totting up the total charges clients are being asked to pay.

clock 14 August 2014 •

Income

Partnership and Rothschild in £150m commercial mortgage tie up

Annuity provider Partnership has signed an investment management agreement with Rothschild to invest £150m in commercial mortgages as it announced a significant fall in annuity sales.

clock 14 August 2014 •
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