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News

Equities

GLG and Aberdeen unveil RDR share classes

GLG has unveiled Retail Distribution Review (RDR)-ready unbundled share classes across its UK-domiciled range.

clock 10 September 2012 •

Regulation

FSA approval time lengthens to six months

Financial service start-ups are facing record wait times for Financial Services Authority (FSA) approval, with the average wait now reaching 22.9 weeks, 9% higher than the previous peak of 21 weeks in Q2 2010.

clock 10 September 2012 •

Investment

Gay elderly more likely to rely on private pensions: Stonewall

Lesbian, gay and bisexual people are far more likely to rely on personal and occupational pensions than their heterosexual peers, research from LGB equality group Stonewall says.

clock 10 September 2012 •

Economics / Markets

BoE's Dale: QE must not become long-term crutch

The Bank of England's chief economist Spencer Dale has warned printing more money "might do more harm than good" and could cause harm for the future.

clock 10 September 2012 •

Economics / Markets

Soros tells Germany 'lead or leave euro'

George Soros has urged Germany to "lead or leave the euro" just days before a key ruling on the eurozone's bailout fund by Germany's constitutional court.

clock 10 September 2012 •

Investment

Old Mutual to drop Skandia name in asset management overhaul

The Skandia label could disappear in the UK as part of an overhaul by parent Old Mutual, which is rebranding its merged asset management businesses as Old Mutual Global Investors.

clock 10 September 2012 • 2 min read

Your profession

Baking union signs advice deal with Lighthouse

Lighthouse Group has signed a three year advice contract with the Bakers Food and Allied Workers Union (BFAWU).

clock 10 September 2012 •

Economics / Markets

Turner warns on dangers of 'shadow banking'

The dangers of 'shadow banking' must be addressed to halt future financial disasters, Financial Services Authority (FSA) executive chairman Lord Turner has said.

clock 10 September 2012 •

Investment

Millions of workers still blind to auto-enrolment

More than half of the working population is still unaware of the government's automatic enrolment programme, just three weeks before its launch, a report has found.

clock 10 September 2012 •

Regulation

'Industrial scale' advice essential post-RDR - Scottish Widows

The industry has to find new ways of providing low-cost advice on an ‘industrial scale' after the Retail Distribution Review (RDR), Scottish Widows has said.

clock 10 September 2012 •
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