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News

Investment

Fidelity's UK managing director Mullan to exit in April

Fidelity Worldwide Investment's UK managing director Hugh Mullan is to step down in April, IFAonline's sister title Investment Week can reveal.

clock 17 February 2014 •

Economics / Markets

Carney ties rate rise to recovery of UK businesses

Britain must see a business recovery before interest rates can begin to rise, according to Mark Carney, the Governor of the Bank of England.

clock 17 February 2014 •

Wrap/platforms

Calls for 0% share classes re-emerge as super clean deals disappoint

Stephen Mohan, head of UK & Ireland at Allfunds Bank, has reignited conversations with fund managers and clients about ‘0%' share classes, amid potential changes to VAT rules.

clock 17 February 2014 •

Economics / Markets

Japan's poor GDP figures reflect weaknesses in economy

Japan's economy grew less than expected at the end of last year, highlighting potential weaknesses in Prime Minister Abe's economic policies.

clock 17 February 2014 •

Regulation

Rogue 'maestro' trader sentenced to seven years in prison

A scam artist who tricked investors into believing he was a trading genius was today sentenced to seven years in prison at Southwark Crown Court.

clock 14 February 2014 •

Bonds

'You have to be careful who you lend to': Strategic Bond Focus preview

Thanks to investors hungry for better returns, high yield bonds have performed strongly over the last year. More and more companies are issuing corporate bonds in that space. But how long can the good times last?

clock 14 February 2014 •

Investment

Gold passes $1,300 and sterling nears three-year high on weak dollar

Weaker US data and ongoing expectations of tighter UK monetary policy have helped boost gold and sterling respectively as the dollar loses ground.

clock 14 February 2014 •

RDR

Appeals court rules FOS compensation is final

Claimants can not accept a compensation ruling from the Financial Ombudsman Service (FOS) and later claim for more in the courts, a landmark Court of Appeal ruling has decided.

clock 14 February 2014 •

Income

FCA finds 'poor practice' on all annuity price comparison websites

Poor practice has been discovered on all annuity price comparison websites by the Financial Conduct Authority (FCA).

clock 14 February 2014 •

Income

FCA: Shopping around failure at heart of 'disorderly' annuity market

Some 80% of retirees who stick with their pension provider when they buy an annuity could get a better deal elsewhere, pointing to a huge failure in the open market option, the Financial Conduct Authority (FCA) has found.

clock 14 February 2014 •
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