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News

Pensions

New service lets IFAs and clients rate their SIPP

Nottingham-based advisory firm Investment Sense has launched a web service that enables advisers and consumers to rate their Self Invested Personal Pension (SIPP) purchases.

clock 14 March 2013 •

Managed solutions

F&C profits rise 11% as restructuring programme ends

Underlying pre-tax profit at F&C rose 11% to £52.4m in 2012 as the group's 18 month restructuring programme drew to a close.

clock 14 March 2013 •

Regulation

Lloyds cuts 'further' 550 jobs

Lloyds Banking Group has been criticised after announcing 550 job cuts which trade union Unite said would come on top of the 1,340 lay-offs revealed earlier this year.

clock 14 March 2013 •

Offshore Investment

Jersey advisers given deadline for Level 4 qualification

Jersey's Financial Services Commission (JFSC) has ruled that all advisers working for Jersey businesses registered to give retail investment advice must achieve QCF Level 4 qualifications by the end of this year.

clock 14 March 2013 •

Managed solutions

What's Hot? Where did the smart money go in February?

Cherry Reynard examines whether the global equity rally can be sustained...

clock 14 March 2013 •

Economics / Markets

Barclays agrees compensation deal for ING Direct customers

Barclays Bank has agreed to compensate some customers affected by its takeover of ING Direct UK, if the move compromises savers' protection under the Financial Services Compensation Scheme (FSCS).

clock 14 March 2013 •

Regulation

IoD head hits out at 'unacceptable' £1m-plus banker pay

The director-general of the Institute of Directors (IoD) has hit out at the pay packages received by bankers.

clock 14 March 2013 •

Managed solutions

Aegon adds L&C multi-asset portfolios to platform

Aegon has signed a deal with discretionary fund manager (DFM) London & Capital (L&C), making a range of the DFM's multi-asset portfolios available via the provider's platform.

clock 14 March 2013 •

Wrap/platforms

FSA plan to ban legacy rebates 'disappoints' Skandia

Investment platform Skandia has criticised plans by the Financial Services Authority's (FSA's) to outlaw rebates on 'legacy' business paid by fund groups to platforms from 2016.

clock 13 March 2013 •

Pensions

Harlequin distributor pulls plug on new investment

TailorMade, a UK distributor of investments in Harlequin Property, has said it stopped taking new money into the overseas property scheme in January following a Financial Services Authority (FSA) alert about Harlequin.

clock 13 March 2013 •
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