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News

RDR

Five things clients will call you about this week

FIVE THINGS

clock 13 August 2012 •

Investment

OAPs lose majority of pension after offshore tax defeat

A retired couple in their 70s face a massive tax interest bill dater moving their retirement funds offshore to get around UK pension rules, the Daily Mail reports.

clock 13 August 2012 •

Economics / Markets

King: banks 'could learn a thing or two' from Olympics

Banks "could learn a thing or two about fair play" from the Olympic movement, according to Bank of England governor Mervyn King.

clock 13 August 2012 •

Offshore Investment

Axa Wealth International creates offshore sales division

AXA Wealth International has created an offshore sales and distribution division and appointed a new head of proposition.

clock 13 August 2012 •

Economics / Markets

BoE should 'widen recovery measures' - reports

The Bank of England (BoE) should expand its range of economic recovery measures, according to an outgoing member of the Monetary Policy Committee.

clock 13 August 2012 •

Managed solutions

PA launches first-ever Multi-Asset Awards

Professional Adviser is proud to announce the launch of the first ever set of dedicated multi-asset awards.

clock 10 August 2012 •

Regulation

Lawyer requests details of Honister commission sale

A law firm has sent a letter to Honister Capital administrators Grant Thornton requesting it provides further information related to the sale of Honister IFAs' trail and pipeline commissions.

clock 10 August 2012 •

Regulation

Unsure providers set up holding funds for Honister commissions

A number of providers have established 'holding' funds for the trail commissions earned by former Honister Capital advisers, as they await clarity on who rightfully owns the money after it was sold by Honister administrators Grant Thornton to another...

clock 10 August 2012 •

Equities

M&G reports 53% rise in inflows in first half

M&G reported a 53% rise in net investment flows in the first half of the year, with retail investors driving the £4.3bn of flows.

clock 10 August 2012 •

RDR

Sesame records £2.5m loss as tenth of advisers leave

Sesame Limited, the network arm of Sesame Bankhall Group, recorded a loss of £2.5m in 2011.

clock 10 August 2012 •
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