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News

Income

Rise in people planning to sell property to fund retirement

The amount of people planning to sell their property to fund their retirement has risen by 4%, according to research commissioned by Baring Asset Management, making it the highest number since 2009.

clock 13 August 2013 •

Investment

ABI launches pension charge calculator for employers

A calculator to help bosses work out how much their employees are paying in workplace pension charges has been launched by the Association of British Insurers (ABI).

clock 13 August 2013 •

Investment

Boutique firms suffer as RDR sparks 'flight to trust'

Boutique fund managers suffered a marked slowdown in growth ahead of the Retail Distribution Review (RDR) as investors flocked to trusted brand names, according to new research from the IMA.

clock 13 August 2013 •

Investment

TPAS warns on 'sophisticated' pension fraud after 500 enquiries

The Pensions Advisory Service (TPAS) has fielded 500 pension fraud liberation calls since the start of the year and released a video warning on the dangers of accessing a pension pot early.

clock 13 August 2013 •

Economics / Markets

Resolution leads FTSE 100 after profits boost

Financial services group Resolution helped push the FTSE 100 index higher this morning after better-than-expected half-yearly results.

clock 13 August 2013 •

Regulation

FOS executive team takes home £1.44m

The Financial Ombudsman Service's (FOS) executive team has earned a total of £1.442m including benefits in the 2012/13 financial year, according to its audited directors' report and financial statements published last week.

clock 13 August 2013 •

Tax Planning

HMRC wins £68m stamp duty land tax case

HM Revenue & Customs (HMRC) has successfully challenged a stamp duty land tax avoidance scheme, protecting some £68m of taxpayers' money.

clock 13 August 2013 •

Your profession

Advisers shutting doors on US expats

A growing number of wealth managers are shutting their doors on US expatriates as a controversial new tax law nears its implementation, according to an international advisory firm.

clock 13 August 2013 •

Investment

Friends Life UK profits hit by Sesame fine

Friends Life's UK business took a dip in the first half of the year as the company paid off a further £5m of a £6m fine levied against Sesame.

clock 13 August 2013 •

Wrap/platforms

Skandia names SLI's Campbell head of investment marketing

Skandia has appointed Standard Life Investments' (SLI's) head of regional client marketing Alistair Campbell as head of investment marketing.

clock 13 August 2013 •
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