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News

Regulation

Yorkshire Bank threatens to chase advisers over Arck redress claims

Yorkshire Bank has threatened advisers who sold failed property investment scheme Arck that it will pursue them for money if their clients make a claim for compensation against the bank.

clock 17 July 2014 •

Equities

Chatfeild-Roberts buys Woodford for Merlin portfolios

Jupiter's Merlin multi-manager team have added Neil Woodford's equity income fund to their portfolios as they back the manager's new project from launch.

clock 17 July 2014 •

Pensions

Third of adults unaware of pension reforms - research

Almost a third of UK adults do not know what changes to pensions were announced in the Budget or how they are affected, according to research.

clock 17 July 2014 •

Wrap/platforms

Aviva: Platform on track to achieve profitability by 2016

Provider Aviva's platform is on course to achieve profitability in 2016 and its target of £6bn in assets under management (AUM) by the end of this year, after its AUM has doubled in the last 12 months.

clock 17 July 2014 •

Economics / Markets

Households' pessimism about finances hits six month high as rate rise fears bite

UK households felt under increasing financial pressure in July and expected their finances to deteriorate over the coming year, a new survey suggests.

clock 17 July 2014 •

Tax Planning

'Plebgate' MP invested in scheme HMRC says avoided tax

Former government chief whip Andrew Mitchell has invested in a high-profile film financing company considered to be a tax avoidance scheme by HMRC.

clock 17 July 2014 •

Pensions

Webb 'astonished' by Daykin claim pension reforms about tax

Pensions minister Steve Webb said he was "astonished" when he learned of a claim by a former senior government adviser that the pension reforms were designed chiefly to bring forward the Treasury's tax income.

clock 16 July 2014 •

Equities

Tony Yousefian exits Charteris after four months

Tony Yousefian has left Charteris just four months after he joined to expand the firm's fund range.

clock 16 July 2014 •

Regulation

FCA to broker redress settlement for Connaught investors

The Financial Conduct Authority (FCA) is attempting to broker a redress deal for investors in the failed Connaught Series 1 fund.

clock 16 July 2014 •

Pensions

FTSE 100 pension liabilities swell by £42bn

Total pension liabilities of FTSE 100 companies have risen from £515bn to £557bn in the last 12 months - an increase of £42bn, according to data.

clock 16 July 2014 •
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