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News

Regulation

McCurrach FS: Increased demand for outsourcing anticipated

The majority of financial product providers anticipate there will be an increase in the outsourcing of sales and business development within the next five years.

clock 26 November 2013 •

Products

RBS Intermediary Partners relaunches on Monday

RBS Intermediary Partners is to return to the mortgage market on Monday, the group has announced.

clock 26 November 2013 •

Fixed Income

Zemek to exit AXA IM as group hires new fixed income head

Theo Zemek is to exit AXA Investment Managers, handing over her responsibilities to new hire John Porter.

clock 26 November 2013 •

Regulation

FCA U-turn on mandatory accruals-based RMAR reporting

The Financial Conduct Authority (FCA) is looking at bringing back reporting on a cash-basis for advisory firms in their Retail Mediation Activities Returns (RMAR), its head of savings, investments and distribution said today.

clock 26 November 2013 •

Equity release

New equity release lender to shake-up market

Pure Retirement equity release products to follow

clock 26 November 2013 •

Wrap/platforms

Cofunds and Intelliflo agree strategic partnership

Cofunds has entered into a two-way integration with Intellifo which will allow trading on the platform to be triggered from within Intelliflo's Intelligent Office software.

clock 26 November 2013 •

Investment

Ignis expands absolute return range with EMD fund

Ignis Asset Management has launched an Absolute Return Emerging Market Debt fund for Dan Beharall in a move to expand its absolute return product range.

clock 26 November 2013 •

Regulation

FCA fines SEI Investments £900k for client money failings

The Financial Conduct Authority has fined asset manager SEI Investments over £900,000 for failures relating to its handling of client money over a five-year period.

clock 26 November 2013 •

Wrap/platforms

Polson's the lang cat plans due diligence resource

Consultancy firm the lang cat is working to create an online resource to help advisers carry our appropriate due diligence on platforms.

clock 26 November 2013 •

Your profession

AFH acquires Herefordshire IFA in £486k deal

AFH Financial Group has acquired Herefordshire-based IFA Robert Magee & Associates in a deal worth £486,000.

clock 26 November 2013 •
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