Chatfeild-Roberts, Potter and McQuaker caution on risk-rating funds

by Max Julius on Feb 22, 2012 at 13:39

Senior multi-managers have warned that the use of risk-based asset allocation investment strategies to select funds may prove harmful to investor returns.

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Barclays partners with FundsNetwork to take on Hargreaves

by Emma Dunkley on Feb 22, 2012 at 13:53

Fidelity FundsNetwork has struck an exclusive deal with the bank to provide its core fund platform in a move which will see it go head to head with the likes of Hargreaves Lansdown.

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Ingram: FSA faces problems exposing false independents after RDR

by Michelle Abrego on Feb 22, 2012 at 11:18

Former Threesixty director  Threesixty David Ingram has argued the Financial Services Authority will have trouble distinguishing IFAs who are independent and those marketing themselves as such after the retail distribution review.

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Plan Money builds non-advised model for post-RDR market

by William Robins on Feb 22, 2012 at 13:57

Colchester-based Plan Money is developing a non-advised proposition for launch in 2013, after shelving plans to move into simplified advice.

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Jim Reeve leaves Positive Solutions

by Jun Merrett on Feb 22, 2012 at 11:19

Aegon has announced Jim Reeve, chief executive of Positive Solutions has left the company to pursue alternative opportunities within the financial services sector.

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Tisa aims to unite 'polarised' pension industry with small pot project

by William Robins on Feb 22, 2012 at 11:07

The Tax Incentivised Savings Association is to spearhead a cross industry research project aimed at finding a solution to small pot transfers, as divisions emerged between leading pension trade bodies.

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FTSE flatlines; Rexam gains as profits rise

by Max Julius on Feb 22, 2012 at 08:36

UK index fails to make headway amid continuing fears over Greece; Rexam (REX.L) shares advance on a 15% increase in full-year profit.

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Police probe attempted $150 million rogue trade at Threadneedle

by Alex Steger on Feb 22, 2012 at 08:09

The City of London Police are investigating a suspected $150 million trading fraud attempted by a former trader at Threadneedle.

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SJP predicts growth in adviser numbers to slow ahead of RDR

by Jun Merrett on Feb 22, 2012 at 08:08

St James's Place has said it expects to see a drop off in adviser in 2012 numbers as the retail distribution review approaches, as profits for the company's advisory arm increased to £6.1 million for 2011.

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Wednesday Papers: Osborne pressed to cut taxes on business

by Himanshu Singh on Feb 22, 2012 at 03:31

And Greece given nine days to complete reforms or forfeit €130 billion bailout.

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