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News

Investment

Farrell & Addison accused of 'distorting evidence' as Arch case wraps up

Arch Financial Products chief executive Robin Farrell and compliance director Robert Addison have today been accused of giving inconsistent evidence, lying and distorting the facts during their High Court battle.

clock 22 January 2014 •

Wrap/platforms

Moneygate offers 'deferred buyout' option to Nucleus advisers

IFA firm Fairstone Financial Management - the Moneygate Group's national financial advisory business - and wrap platform Nucleus have partnered to share services between member firms, including a 'deferred buyout' option for Nucleus advisers.

clock 22 January 2014 •

Investment

RP Poll: Compulsory pension saving?

In this week's quick-fire poll we ask: Should pension saving be compulsory?

clock 22 January 2014 •

Wrap/platforms

Fidelity undercuts Hargreaves as pricing war hots up

Fidelity has undercut Hargreaves Lansdown with its new pricing structure, introducing an AMC of 0.35% for clients with total assets up to £250,000.

clock 22 January 2014 •

Economics / Markets

Bank sees 'no immediate need' for rate rise despite unemployment fall

The Bank of England has again moved to temper expectations of an early rate rise, despite the UK unemployment rate dropping to close to the crucial 7% mark this morning.

clock 22 January 2014 •

Regulation

Equitable Life compensation payouts hit £816m

The Equitable Life Payment Scheme (ELPS) has paid out £816m to 717,600 policyholders.

clock 22 January 2014 •

Fixed Income

PIMCO chief executive El-Erian to step down in March

Mohammed El-Erian, chief executive of PIMCO and the man perceived by many as Bill Gross' heir apparent at the largest bond manager in the world, has resigned from his role.

clock 22 January 2014 •

Regulation

FSCS pledges greater cooperation with industry

The Financial Services Compensation Scheme (FSCS) has promised to be more communicative with the industry that pays for it.

clock 22 January 2014 •

Investment

Pension saving should be compulsory - think tank

Paying into a pension should be compulsory in the same way as paying taxes for public services, according to a new study.

clock 22 January 2014 •

Wrap/platforms

Interactive Investor launches re-reg incentive

Execution-only broker Interactive Investor is offering investors up to £240 in cash and trading credit if they switch £3,000 or more to the platform by the end of February.

clock 21 January 2014 •
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