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News

Protection

Bright Grey and Scottish Provident announce gender pipeline strategy

Bright Grey and Scottish Provident have announced their plan for Gender Directive pipeline business.

clock 01 October 2012 •

RDR

FSA warns firms not to 'work around' commission ban

The Financial Services Authority (FSA) has written to the CEOs of 24 product provider and advisory firms warning them not to use distribution agreements and cross-subsidies to 'work around' the Retail Distribution Review (RDR) commission ban.

clock 01 October 2012 •

Regulation

FSA charges four with insider dealing

The Financial Services Authority (FSA) has charged four men with conspiracy to insider deal between 1 November 2006 and 23 March 2010.

clock 01 October 2012 •

Pensions

Non-advised pension savers 'worse off'

Pension savers who do not take advice are more likely to lack retirement planning knowledge and be £200 a month worse off, according to research.

clock 01 October 2012 •

Economics / Markets

Truestone acquires wealth manager Argent

Privately owned wealth manager Truestone has acquired Argent UK and Argent Personal Financial Management Limited for £3.5m.

clock 01 October 2012 •

Income

Just Retirement unveils FTA switch offer

Just Retirement will enable retirees to switch from a fixed term annuity to a different pension if their circumstances change.

clock 01 October 2012 •

RDR

Aberdeen launches RDR share class for multi-manager range

Aberdeen Asset Management has launched a Retail Distribution Review (RDR) share class for its multi-manager range.

clock 01 October 2012 •

Wrap/platforms

Ascentric outlaws legacy commission on platform

Ascentric has confirmed its post-Retail Distribution Review (RDR) plans, including the banning of legacy commission.

clock 01 October 2012 •

Investment

Miliband plans 'strict' cap on pension charges

Labour leader Ed Miliband has promised to enforce a strict 1% cap on pension charges as part of his plan to help people get a better deal.

clock 01 October 2012 •

Regulation

FSA ups ex-gratia payment to firm after debt collector row

The Financial Services Authority (FSA) has agreed to increase an ex-gratia payment to a firm unnecessarily contacted by a debt collection agency, after the complaints commissioner deemed its initial offer inadequate.

clock 01 October 2012 •
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