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News

Economics / Markets

S&P downgrades France over unemployment fears

Standard & Poor's has downgraded France's credit rating from AA+ to AA.

clock 08 November 2013 •

Wrap/platforms

Hargreaves breaks bad news to failed bidders as it finalises Wealth list

Hargreaves Lansdown has begun the process of telling groups if their tenders for inclusion in its ‘core' Wealth list have been successful, and is understood to have secured prices of around 50bps for equity funds and less for fixed income funds.

clock 08 November 2013 •

Economics / Markets

Bank holds base rate at record low

The Bank of England's (BoE) Monetary Policy Committee (MPC) has announced it will maintain interest rates at their historic low of 0.5%.

clock 07 November 2013 •

Your profession

Investment Week's Jones scoops top industry award

Investment Week's deputy news editor Dan Jones took the top prize at the prestigious Investment Management Association (IMA) awards last night.

clock 07 November 2013 •

Economics / Markets

Euro tumbles on ECB's shock rate cut

The European Central Bank has announced a surprise cut in interest rates to 0.25%, sending the single currency tumbling.

clock 07 November 2013 •

Investing in the profession

PFS Conference: Consumer groups risk 'public disservice' with skewed financial services info

Consumer groups must give the public a balanced view of financial services or they risk doing large numbers a disservice, Keith Richards believes.

clock 07 November 2013 •

Regulation

Keith Richards: Tough but fair FCA outshines predecessor

The Financial Conduct Authority (FCA) will be tougher than its predecessor but its more open approach has improved its standing in the industry, Keith Richards has said.

clock 07 November 2013 •

Investing in the profession

PFS Conference: Skills shortage poses threat to future of advice

Positive sentiment about the future of the advice industry has returned but the looming skills shortage must be addressed, David Thomson has said.

clock 07 November 2013 •

Regulation

Banks told to speed up interest rate swap mis-selling reviews

The Financial Conduct Authority (FCA) has written to banks urging them to speed up their review of how interest rate hedging products were sold.

clock 07 November 2013 •

Wrap/platforms

Axa Wealth to launch exclusive share class for Architas funds

Axa Wealth is launching an exclusive share class on the Architas range for Elevate users, which delivers a 20bps reduction in the standard clean share class charge.

clock 07 November 2013 •
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