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News

Regulation

Trustees: We already do better than Osborne's 'guidance guarantee'

Many trust-based DC pension schemes already offer more than the ‘guidance guarantee' to their members and are worried about being forced to ‘dumb down' standards, according to the National Association of Pension Funds (NAPF).

clock 14 April 2014 •

Regulation

FCA wins Court of Appeal battle over land banking scheme

The Financial Conduct Authority (FCA) has won a Court of Appeal victory over a land banking scheme but said it is unlikely investors will get back all of their cash.

clock 14 April 2014 •

Managed solutions

Brooks Macdonald to create fixed income unit after £11m acquisition

Brooks Macdonald's asset management business has acquired Jersey-based DPZ in a deal that will add a further £360m to its discretionary AUM.

clock 14 April 2014 •

Regulation

Fraudsters target Axa Investment Managers

The Financial Conduct Authority (FCA) has issued a warning about fraudsters claiming to represent Axa Investment Managers UK.

clock 13 April 2014 •

Technology

Facebook eyes foray into financial services - report

Groundbreaking social network service Facebook is set to expand into financial services, according to reports.

clock 13 April 2014 •

Equities

IMA to introduce benchmark for turnover costs

The Investment Management Association (IMA) is planning an industry standard for how fund groups disclose turnover costs, it has emerged.

clock 11 April 2014 •

Regulation

FCA inquirer Clifford Chance on regulator's s166 panel

Law firm Clifford Chance - which has been hired by the Financial Conduct Authority (FCA) to review its handling of the release of market-sensitive information to the press - is also a member of the regulator's panel of lawyers tasked with investigating...

clock 11 April 2014 •

Investment

IMA to merge with ABI investment division

The Investment Management Association (IMA)is to merge with the Association of British Insurers' (ABI) investment affairs unit in a bid to give fund managers a single, stronger representative voice.

clock 11 April 2014 •

Economics / Markets

Nasdaq slides 3% as shares tumble in latest tech sell-off

The Nasdaq index suffered its worst day since 2011 yesterday, dropping over 3% as investors continued to switch out of technology and biotechnology holdings.

clock 11 April 2014 •

Investment Trusts

Jupiter inflows hit £550m in Q1

Jupiter has reported net inflows of almost £550m in Q1 as new investment trust business and continued retail flows bolstered AUM.

clock 11 April 2014 •
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