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News

Your profession

Succession buys LRH Wealth Management; eyes nine more acquisitions

Wealth management group and consolidator Succession has acquired LRH Wealth Management for £3m and outlined plans to buy a further nine firms this year.

clock 24 July 2014 •

Managed solutions

Brooks Macdonald poised to complete takeover as assets grow 28%

Brooks Macdonald said today it will complete a deal to buy risk-adjusted funds house Levitas Investment Management "imminently" after reporting another jump in discretionary assets under management.

clock 24 July 2014 •

Economics / Markets

'Risk of debt peril' when interest rates rise

A "relatively benign" rise in interest rates still has the potential to double the number of households facing debt problems, a think tank has said.

clock 24 July 2014 •

Regulation

Pension liberation websites frozen in clampdown

Eighteen websites have been suspended and arrests made during a campaign, being revamped on Thursday, against pensions liberation schemes.

clock 24 July 2014 •

Regulation

FOS names Caroline Wayman chief ombudsman and CEO

The Financial Ombudsman Service (FOS) has named Caroline Wayman as its chief ombudsman and CEO, succeeding Natalie Ceeney.

clock 23 July 2014 •

Retirement

Fidelity launches retirement 'signpost' service ahead of pension freedoms

Fidelity Worldwide Investment has launched an at-retirement service ahead of the deadline for implementing the new flexibilities for defined contribution (DC) members next April.

clock 23 July 2014 •

Regulation

FCA imposes landmark recruitment ban on network - which escapes £12m fine

The Financial Conduct Authority (FCA) has used its suspension power for the first time to ban two subsidiaries of the Financial Group - network Financial Ltd and separate firm Investments Ltd - from recruiting new appointed representatives (ARs) and individual...

clock 23 July 2014 •

Pensions

Five retirement stories you might have missed

In this week's Retirement Planner news round-up we highlight five key stories you might have missed over the past seven days.

clock 23 July 2014 •

Regulation

FCA launches criminal prosecution of forex trader

The Financial Conduct Authority (FCA) has begun criminal proceedings against a foreign exchange (forex) trader who set up an unauthorised investment scheme.

clock 23 July 2014 •

Technology

'Focus on technology' behind True Potential's profit surge

Financial services firm True Potential (TP) has posted a further rise in profits in its half year results and has credited its "focus on providing technology" for its continued success.

clock 23 July 2014 •
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