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News

Charging

Certified financial planners 'generate higher profits' - poll

Those with the Certified Financial Planner (CFP) certification generate higher revenues and profits for firms than those without it, according to a poll.

clock 04 February 2014 •

Long Term Care

Just Retirement launches 'immediate needs' annuity for care funding

Pensions provider Just Retirement has launched an ‘immediate needs' annuity for people facing long-term care costs.

clock 04 February 2014 •

Wrap/platforms

Charles Stanley unveils re-reg play with charge waiver for big clients

Charles Stanley Direct has moved to capture large clients from competitors by scrapping its own charge for new or re-reg clients with £500,000 or more, for a limited period.

clock 04 February 2014 •

Regulation

FCA: Interest rate swap redress payouts top £300m

The interest swap mis-selling redress scheme has now paid out more than £306m to affected small businesses.

clock 04 February 2014 •

Economics / Markets

Barclays chief executive refuses £2.7m bonus

Antony Jenkins, the chief executive of Barclays, has turned down his multi-million pound bonus for 2013 due to the "very significant costs" faced by the bank.

clock 04 February 2014 •

Investing in the profession

PFS launches panel to direct consumer confidence work

The Personal Finance Society (PFS) has established a 'consumer insight panel' to help guide its work on improving consumer confidence and trust in financial advice.

clock 04 February 2014 •

Pensions

Suffolk Life launches solicitor panel for commercial property

Suffolk Life is launching a solicitor panel to enhance buying and selling commercial property within their SIPPs.

clock 03 February 2014 •

Investment

Openwork launches seven funds as platforms' AUM hits £1.2bn

The investment arm of restricted network Openwork has launched seven new funds which the business hopes will attract £150m worth of inflows in the first year.

clock 03 February 2014 •

Investment

Woodford's Income fund sheds £550m in a day as outflows mount

Neil Woodford's Invesco Perpetual Income fund has shed £550m in a single day, according to data from FE, as outflows from his portfolios continue.

clock 03 February 2014 •

Regulation

Claims firm launches adviser 'watchlist'

Advisers accused by clients of mis-selling investments face being named on a ‘watchlist' launched today by a claims management firm.

clock 03 February 2014 •
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