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News

Investment

Banks' pull out from advice hurts Pru's with-profits bond sales

Prudential has reported a 25% fall in the sale of its with-profits bonds, which it attributes to a fall in the number of bank advisers who were major distributors of the product.

clock 14 November 2013 •

Investment

Tool to help advisers set charges for auto-enrolment advice launched

A tool designed to help advisers project-manage their employer clients through auto-enrolment - and set an appropriate fee for doing so - has been launched by Scottish Widows.

clock 14 November 2013 •

Investment Trusts

Woodford cautions on Edinburgh IT returns after recent gains

Neil Woodford has warned investors in his £1.3bn Edinburgh Investment trust that the recent period of strong performance is unlikely to continue if the Federal Reserve tapers bond purchases.

clock 14 November 2013 •

Your profession

Royal London 360 sale rumoured

Royal London is expected to announce the sale of its offshore wealth unit 360 to private equity group Vitruvian Partners, according to reports

clock 13 November 2013 •

Investment

'Advisory gap' prompts launch of workplace pension comparison site

Pension PlayPen has launched a free comparison tool to rate and compare quotes from all the main pension providers.

clock 13 November 2013 •

Your profession

Stressed Sants will not return to Barclays

Barclays' head of compliance Sir Hector Sants will not be returning to the banking group after taking three months' leave in October due to stress.

clock 13 November 2013 •

Economics / Markets

BoE: We may bring forward rate decision as economy recovers

The Bank of England has sharply revised its unemployment forecasts but emphasised this does not mean it is guaranteed to hike rates once the 7% threshold is reached.

clock 13 November 2013 •

Investment

SJP's chairman Gregson to step down by year end

Charles Gregson, chairman of St. James's Place, is stepping down from his role at the end of the year to be replaced by Sarah Bates.

clock 13 November 2013 •

Pensions

Liberty ditches double offering to provide single SIPP

Liberty SIPP has reduced its offering to a single self-invested personal pension (SIPP) - Liberty Option SIPP.

clock 13 November 2013 •

Investment

Jupiter's Bonham Carter takes first non-exec position

Jupiter chief executive Edward Bonham Carter is to join the board of Land Securities as a non-executive director next year.

clock 13 November 2013 •
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