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News

Technology

SJP partners with Time4Advice for back-office platform

Wealth manager St. James's Place has selected Time4Advice to provide its back-office platform.

clock 16 August 2013 •

Your profession

RSM Tenon says debts likely to lower Baker Tilly offer

Advisory and accountancy group RSM Tenon has conceded that, should an offer for the business be forthcoming from Baker Tilly, its high debts mean "minimal value, if any" will be attributed to its issued share capital.

clock 16 August 2013 •

Regulation

FCA writes to asset managers as part of fund charges review

The Financial Conduct Authority (FCA) is writing to 11 fund groups this week as part of a thematic review into fund charges.

clock 15 August 2013 •

Fixed Income

JPM replaces Anderson on Sterling Corporate Bond fund

J.P. Morgan Asset Management (JPMAM) has appointed Andreas Michalitsianos to run its £200m Sterling Corporate Bond fund following the departure of John Anderson.

clock 15 August 2013 •

Equities

The great consolidation? Fund closures accelerate again in Q2

The European mutual fund industry shrunk by 1.3% in the second quarter, with a net decrease of more than 400 funds, as the number of mergers and closures began to accelerate again.

clock 15 August 2013 •

Investment

Threadneedle reveals shortlist for annual art prize

Threadneedle has announced the shortlist for the sixth annual Threadneedle Prize, a competition for figurative and representational painting and sculpture.

clock 15 August 2013 •

RDR

Keith Richards hails advisers' 'strength and quality'

Personal Finance Society (PFS) CEO Keith Richards has praised advisers for showing strength and resilience in the wake of the Retail Distribution Review (RDR), after Financial Conduct Authority (FCA) figures suggested intermediaries are re-entering the...

clock 15 August 2013 •

Income

Treasury to promote Equitable compensation after damning criticism

The Treasury is to launch an advertising campaign promoting the Equitable Life compensation scheme after a damning report said its performance had been "unacceptably poor".

clock 15 August 2013 •

Regulation

FCA figures show adviser numbers up 6% since 31 Dec

The number of financial advisers operating in the UK has risen in the first half of the year as intermediaries re-enter the market, according to the Financial Conduct Authority (FCA).

clock 15 August 2013 •

Economics / Markets

Fitch Ratings: Breakup of RBS unlikely

Fitch Ratings has said any potential break-up of Royal Bank of Scotland (RBS) is 'unlikely' as the costs and risks would outweigh the benefits.

clock 15 August 2013 •
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