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News

Technology

Financial network rolls out Synaptic Fusion to advisers

Adviser network Financial has selected Capita's Synaptic Fusion technology platform for use by its 400 members.

clock 26 July 2013 •

RDR

APFA: Advisers' hourly rates unchanged since RDR

Adviser charges based on hourly rates have largely remained the same as before the Retail Distribution Review (RDR), research commissioned by the Association of Professional Financial Advisers (APFA) suggests.

clock 26 July 2013 •

Wrap/platforms

Standard Life rolls out automatic re-reg

Standard Life has gone live with financial services consultancy firm Altus for automatic re-registration.

clock 26 July 2013 •

Regulation

FCA cancels permissions of IFA firm Churchill Securities

The Financial Conduct Authority (FCA) has cancelled the permissions of Somerset-based IFA firm Churchill Securities after it failed to co-operate with the regulator.

clock 26 July 2013 •

Regulation

Harlequin wins £8.5m misappropriation case against former contractor

Harlequin, the property investment group engaged in the development of luxury overseas resorts, has won a court case against a former contractor it said had misappropriated money meant for property development.

clock 26 July 2013 •

Economics / Markets

IMF warns QE tapering could trigger fresh eurozone crisis

The International Monetary Fund (IMF) has warned if the US Federal Reserve begins tapering monetary stimulus, the weakest eurozone countries could be pushed into a "debt-deflation spiral".

clock 26 July 2013 •

Investment

Charles Stanley 'optimistic' as revenues jump by a third

Charles Stanley has reported a jump in revenue over the first quarter of its financial year, pointing to growing FUM and increased investor confidence.

clock 26 July 2013 •

Investment

Archbishop 'embarrassed' by CoE pension investment in Wonga

Justin Welby, the Archbishop of Canterbury, is "embarrassed" and "irritated" by revelations that the Church of England pension scheme indirectly invested in payday lender Wonga.

clock 26 July 2013 •

Regulation

Treasury criticised over 'unacceptably poor' Equitable compensation

The Treasury's handling of Equitable Life policyholders' compensation has been "unacceptable poor" and hindered by "delays and spiralling costs", the Public Accounts Committee will say later.

clock 26 July 2013 •

RDR

Nearly a third of advisory firms have lost clients due to RDR

Nearly a third of advisory firms have lost clients as a result of the Retail Distribution Review (RDR), according to research from GfK.

clock 26 July 2013 •
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