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News

Wrap/platforms

Richard Vincent to leave Skandia

Skandia's business proposition director, Richard Vincent, is set to leave the business at the end of November.

clock 16 November 2012 •

Investment

Equiniti Group sells Xafinity Consulting to CBPE Capital

Equiniti Group has agreed to sell Xafinity Consulting business to CBPE Capital.

clock 16 November 2012 •

Pensions

Ombudsman intervenes in SSAS battle between brother trustees

The Pensions Ombudsman has ruled in favour of one of a pair of brothers in a dispute over a small self-administered scheme (SSAS).

clock 16 November 2012 •

Investment

Brooks Macdonald buys Arch Cru fund manager Spearpoint

Brooks Macdonald has acquired discretionary fund manager Spearpoint, manager of the Arch Cru funds, in a deal that could reach £32m.

clock 16 November 2012 •

Investment

Madoff victims look to family for damages

Victims of Bernie Madoff's Ponzi scheme are seeking millions of dollars in damages from his family, including his son's widow.

clock 16 November 2012 •

Economics / Markets

Taxpayers' £66bn bank rescue cash 'may never be recovered'

The UK taxpayer may never recoup the £66bn spent on bailing out Royal Bank of Scotland (RBS) and Lloyds Banking Group, MPs have warned.

clock 16 November 2012 •

Investing in the profession

Seven Welsh firms to offer free financial planning

Seven Wales-based firms will offer free financial guidance as part of Institute of Financial Planning's (IFP) Financial Planning Week.

clock 16 November 2012 •

Regulation

FSA finds banker love rat guilty of insider dealing

The Financial Services Authority (FSA) has successfully prosecuted a two-timing investment banker for insider dealing.

clock 15 November 2012 •

Absolute Returns

Standard Life GARS drops out of FundsNetwork top ten

Standard Life's Global Absolute Return Strategies fund has dropped out of the top ten highest inflows on Fidelity FundsNetwork, according to data from the platform.

clock 15 November 2012 • 1 min read

Investment

Treasury confirms income drawdown rumours are untrue

The Treasury has confirmed rumours that it will launch a consultation on income drawdown limits are untrue.

clock 15 November 2012 •
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