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News

Managed solutions

A multi-asset wish list: what do clients really want?

MULTI-ASSET

clock 31 January 2013 •

Your profession

Loss of trail knocks 5% off Brewin income in Q4

Total income at Brewin Dolphin for the final three months of 2012 fell by 5% on the quarter as trail income fell ahead of RDR implementation.

clock 31 January 2013 •

Regulation

FSA confirms full interest rate swap mis-selling review

The Financial Services Authority (FSA) has confirmed that Barclays, HSBC, Lloyds and RBS will start the full review of their sales of interest rate hedging products (IRHPs) to small businesses after a series of failings were uncovered. 

clock 31 January 2013 •

Income

FSA to investigate £11bn annuity market

The annuity market will come under investigation by the Financial Services Authority (FSA) later today when a major review is announced.

clock 31 January 2013 •

Equity release

One in five using equity release for interest only debt

Over a fifth of retirees are taking out equity release loans to clear outstanding mortgages, according to research by Key Retirement Solutions.

clock 30 January 2013 •

Equity release

New equity release lender to launch in H2

Retirement advice firm Age Partnership is set to launch an equity release lending arm later this year.

clock 30 January 2013 •

TCF

FSA wants power to ban individuals during probes

The Financial Services Authority (FSA) wants the power to ban individuals while it is still investigating them for alleged wrongdoing.

clock 30 January 2013 •

Economics / Markets

US GDP sees shock contraction in Q4

The US economy shrunk in the final quarter of 2012, raising fresh questions about the strength of its economic recovery.

clock 30 January 2013 •

Pensions

Pension advice shortfall expected for pots below £65k

IFAs believe those with pension pots of less than £65,000 are unlikely to pay upfront for advice, according to research by Axa.

clock 30 January 2013 •

Investment

Convicted fraudster linked to £5m pension fraud

Former tax boss Andrew Meeson set up the allegedly "fictitious" Moya pension schemes at the behest of convicted fraudster Thomas Scragg, a court heard yesterday.

clock 30 January 2013 •
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