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News

Wrap/platforms

Skandia ups single investor platform charge

Skandia is increasing the single investor charge on its platform as it looks to upgrade systems and improve its service ahead of regulatory changes.

clock 15 February 2011 •

Investment

Lifemark rescue window extended to secure mystery backer

Administrators of Lifemark, the troubled Keydata backer, have secured a three month stay of execution for the fund amid intense negotiations with a mystery backer.

clock 15 February 2011 • 2 min read

Wrap/platforms

Cofunds to run moneysupermarket execution-only service

Cofunds will power moneysupermarket.com's new execution-only service, but has denied the move signifies a shift to the direct-to-consumer market.

clock 15 February 2011 •

ETFs

Deutsche Bank suspends agriculture ETN

Deutsche Bank has stopped new issuance of its PowerShares DB Agriculture Double Long exchange-traded note (ETN).

clock 15 February 2011 •

Economics / Markets

UK inflation climbs to 4%

The UK inflation rate rose to 4% in January, which is double the government's target and up from 3.7% the previous month.

clock 15 February 2011 •

Investment

'UK Madoff' jailed for eight years in £14m scam

A disqualified director who admitted losing and spending £14m of investors' money as part of Madoff-style Ponzi scheme has been jailed for eight years.

clock 15 February 2011 •

Your profession

Syndicate AM promotes Cheshire to full-time CEO

Asset manager Syndicate has promoted Mark Cheshire from interim to full-time group chief executive.

clock 15 February 2011 •

RDR

Threesixty: RDR exam structure 'not fit for purpose'

IFAs face requirements to have knowledge of complex products post-RDR despite the lack of exams covering these areas, threesixty warns.

clock 15 February 2011 •

Economics / Markets

Inflation data hides true increase in living costs

Official inflation figures due out today are misleading the public, according to international experts who say the data understates the true increase in the cost of living.

clock 15 February 2011 •

Your profession

Brewin offloads corporate advisory and broking division

Brewin Dolphin will dispose of its corporate and broking division to focus on investment management.

clock 15 February 2011 •
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