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News

Equities

Majedie poaches Fidelity's Brass for trio of fund launches

Majedie Asset Management has hired Fidelity's Adrian Brass as it prepares a push into the global and US equity space via three fund launches next month.

clock 14 May 2014 •

Regulation

FCA warns adviser over 'reckless' UCIS sales

The Financial Conduct Authority (FCA) has issued a warning notice to a director of an appointed representative (AR) firm for promoting and arranging unregulated collective investment schemes (UCIS) despite its network not allowing UCIS business.

clock 14 May 2014 •

Tax Planning

Tax system flaws leave professionals paying 60%

Many middle-class professionals are paying an income tax rate of 60% as a result of a little-understood policy introduced by the last Labour government which affects more than 500,000 people, a leading economist has warned.

clock 14 May 2014 •

Investment

Nick Bamford: I would fire anyone who promised 'better' investment returns

Informed Choice executive director Nick Bamford has dismissed the idea that advisers can produce "better" investment performance for clients, saying what he offers is "suitability" not shoot out the lights returns.

clock 13 May 2014 •

Pensions

RP poll: Pensions tax relief

In this week's Retirement Planner quick fire poll we ask whether you believe tax relief will be targeted ahead of next year's general election.

clock 13 May 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 13 May 2014 •

Regulation

IMA says groups should 'abandon' all use of AMCs

The Investment Management Association (IMA) has called on members to "abandon" using annual management charges on any literature following the regulator's guidance on fund charges.

clock 13 May 2014 •

Regulation

FCA review urges move to ongoing fund charges

The Financial Conduct Authority (FCA) has urged asset managers to move away from using the annual management charge (AMC) as their headline cost, instead pushing for a focus on the ongoing charges figure (OCF).

clock 13 May 2014 •

Charging

Former Ashcourt Rowan chief to launch simplified advice firm for 'alienated' masses

An online simplified advice business which also allows customers to speak to an adviser is set to be launched by the former chief executive of Ashcourt Rowan Financial Planning.

clock 13 May 2014 •

Economics / Markets

FTSE hits 14-year high as miners and housebuilders rally

The FTSE 100 has soared to its highest level since early 2000, as mining and housing stocks boost the blue-chip index at the start of the week.

clock 13 May 2014 •
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