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News

Technology

Avelo sold to IRESS for £210m

Australian data and software provider IRESS is set to acquire adviser technology provider Avelo for £210m.

clock 06 August 2013 •

Income

FCA: Annuity market self-regulation 'could fail'

The Financial Conduct Authority (FCA) will push ahead with its annuity market probe, and investigate if providers' profit margins are ‘high', despite industry murmurings self-regulation goes far enough.

clock 05 August 2013 •

Economics / Markets

HSBC drags FTSE down from two-month highs

Disappointing results have sent HSBC shares down 5% and erased the FTSE 100's early gains on the first day of trading this week.

clock 05 August 2013 •

Income

Major employers fail to help DC members annuitise - JLT

Fewer than one in four major employers say their scheme has a specific ‘decumulation strategy' in place to help retirees get the best annuity, research finds.

clock 05 August 2013 •

Your profession

This Week's Movers & Shakers

It's our weekly round-up of the big movers and company updates across the financial services industry...

clock 05 August 2013 •

Regulation

Aviva axed phone service after uncovering advice concerns

A telephone advice service offered by Aviva - originally believed to be a casualty of the provider's decision to exit advised sales in May - was in fact pulled months earlier after an audit flagged concerns over the quality of advice given to customers....

clock 05 August 2013 •

Investment

M&G tops sales list as industry flows 'bounce back' in Q2

M&G Investments has regained its number one position on the Pridham fund sales list, knocking BlackRock off the top spot.

clock 05 August 2013 •

Your profession

CISI launches 'Outstanding Professional' awards for Compliance and Risk

The Chartered Institute for Securities & Investment (CISI) has announced two new annual awards to celebrate the achievements of industry practitioners.

clock 05 August 2013 •

Your profession

Third of IFA clients will 'never' pay for investment advice

Over a third of active market investors who have bought services from an IFA in the past five years say they will "never" consider paid for investment advice in the future, according to research.

clock 05 August 2013 •

Investment

Mazars in hot water over pension fund advice

The Financial Reporting Council's Executive Counsel has delivered a disciplinary formal complaint in connection with the conduct of Mazars and one of its partners, Richard Karmel, in relation to their engagement to provide advice to the trustee of the...

clock 05 August 2013 •
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