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News

Your profession

Rev it up! IFA to drive in notorious Gumball 3000 rally

Karl Hartey, managing director of Applewood Wealth Management, is set to take part in the notorious Gumball 3000 rally across Europe later this month.

clock 08 May 2013 •

Investment

Queen confirms Pensions Bill reading

The Queen has confirmed plans for an overhaul of the UK state pension system in the upcoming Pensions Bill.

clock 08 May 2013 •

Long Term Care

Queen's speech announces bill on social care

New legislation to reform the long-term care system has been set out in the Queen's Speech.

clock 08 May 2013 •

Managed solutions

David Jane's Darwin unveils model portfolio service

Darwin Investment Managers has launched a model portfolio service comprising three funds managed by multi-asset veteran David Jane.

clock 08 May 2013 •

Housing market

Halifax reports annual UK property prices up 2%

Average property prices in the UK saw an annual increase of 2% to April 2013, according to the Halifax House Price Index

clock 08 May 2013 •

Economics / Markets

Intrinsic posts profit of £24.3m for 2012

Intrinsic Financial Services has reported a pre-tax profit of £24.3m although this figure is skewed by the waiver of preference share dividends and the cancellation of Lloyds preference shares.

clock 08 May 2013 •

Your profession

PosSol and Origen post £1.7m loss

Aegon-owned distribution arms Positive Solutions and Origen have posted a combined loss of £1.7m in 2013 Q1 results released today.

clock 08 May 2013 •

Economics / Markets

UK recovering slower than most developed countries

The UK is experiencing a slower economic recovery than 23 of the 33 advanced economies monitored by the International Monetary Fund (IMF), according to analysis.

clock 08 May 2013 •

Equities

Low-cost active fund assets dwindle as investors lose interest

Low-cost active equity funds, launched to much fanfare two years ago, are failing to attract investor interest as they pass their second anniversaries.

clock 08 May 2013 • 2 min read

Investment

Sainsbury's to buy banking business outright as profits dip

Supermarket giant Sainsbury's is to take full control of its banking franchise after agreeing to buy Lloyds' 50% stake in the business for £248m.

clock 08 May 2013 •
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