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News

Your profession

Intrinsic appoints Brunt as CFO

Simon Brunt has been appointed chief financial officer (CFO) at Intrinsic Financial Services.

clock 16 January 2013 •

Tax Planning

HMRC hires 100 more inspectors to monitor wealthy

HM Revenue & Customs (HMRC) is to hire an additional 100 inspectors dedicated to making sure wealthy people pay enough tax.

clock 16 January 2013 •

Investment

Legg Mason to combine Miller unit with ClearBridge

Legg Mason units ClearBridge Investments and Legg Mason Capital Management (LMCM) are to forge closer links by integrating business operations.

clock 16 January 2013 •

Regulation

FSCS to review eligibility of Arch Cru opt-out claims

The Financial Services Compensation Scheme (FSCS) is to review the issues raised by the Financial Services Authority's (FSA) Arch Cru redress scheme for the purpose of deciding claims.

clock 16 January 2013 •

Investment

Axiom directors look to replace receiver KPMG with Grant Thornton

The directors of the suspended £117m Axiom Legal Financing fund have caved in to pressure from shareholders to replace KPMG as receiver of the fund with Grant Thornton.

clock 16 January 2013 •

Managed solutions

Caerus hands £130m mandate to Mansard Capital

Wealth manager Caerus has appointed Mansard Capital to run its four risk-rated Dynamically Rebalanced Portfolio funds.

clock 16 January 2013 •

Protection

Ex-ABI director joins Income Protection Task Force

Nick Kirwan has joined the executive team of the Income Protection Task Force.

clock 16 January 2013 •

Pensions

FSA bans two Freedom SIPP directors

The Financial Services Authority (FSA) has banned two former Freedom SIPP directors, John James Quarrell and Susan McKenzie Beaumont, from working in the financial services industry.

clock 16 January 2013 •

Regulation

FSA to widen review into firms' sales incentives

The Financial Services Authority (FSA) is planning to widen its review into firms' sales incentives following an assessment last year which uncovered widespread failings among those operating incentive schemes.

clock 16 January 2013 •

Your profession

Banks likely to 'continue to hide' charges - Wingate

Banks are likely to 'continue to hide' their charges leaving independent and restricted whole of market advisers at a disadvantage, said the director of Wingate Financial Planning.

clock 16 January 2013 •
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