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News

Income

Annuity sales down 16% as thousands defer retirement income choice - ABI

Some 353,000 annuities worth just under a total of £12bn were sold by Association of British Insurers (ABI) members in 2013, latest figures show.

clock 18 February 2014 •

Tax Planning

UK inflation drops below 2% for the first time since 2009

The UK inflation rate dropped to 1.9% in January, marking the first time it has fallen below the Bank of England's target of 2% since November 2009.

clock 18 February 2014 •

Offshore Investment

Do you have an award winning offshore solution?

Now in their 15th year, the Professional Adviser International Fund and Product Awards are now open for entries.

clock 18 February 2014 •

Regulation

FSCS delays verdict on IFA liability over Arck

The Financial Services Compensation Scheme (FSCS) has said it is not able to reach a verdict on the liability of advisers who recommended property investment Arck and who have had a claim against them due to ongoing criminal proceedings against two former...

clock 18 February 2014 •

RDR

PFS crowns 4,000th Chartered planner

The Personal Finance Society (PFS) has reported a marked increased in the number of Chartered financial planners - with Imperial Financial Planning's Michael Doy lucky number 4,000.

clock 18 February 2014 •

RDR

Gill Cardy: Advisers need strategies for smaller clients

The newly-crowned Professional Adviser Personality of the Year reflects on her win and shares her views on the future of the sector...

clock 18 February 2014 •

Equities

This is a good time to be a cynical investor - AXA IM's St John

AXA Framlington UK Mid Cap manager Chris St John has said now is a "good time to be cynical" as signs emerge of increasingly bullish activity in markets.

clock 18 February 2014 • 2 min read

Regulation

APFA asks for clarity on Money Advice Service success measures

The Association of Professional Financial Advisers (APFA) has asked for the Money Advice Service (MAS) to evaluate its effectiveness in changing consumer behaviour and to publish its findings within one year.

clock 18 February 2014 •

Regulation

'Unauthorised' investment scheme appeals court verdict

At least one of the two 'alternative' investment schemes declared unlawful by the High Court in a case filed by the Financial Conduct Authority (FCA), has been cleared to appeal the decision.

clock 18 February 2014 •

Tax Planning

Investors wise to prepare for rate hike, says MPC's Miles

It is "not unreasonable" for investors to anticipate a 2% base rate as early as 2016, but increasing rates is still considered a last resort to tame the housing market, according to Bank of England policymaker David Miles.

clock 18 February 2014 •
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