Financial services firms have responded negatively to yesterday's GDP figures which showed Britain is out of a recession. Read more ...

Tagged under #GDP #JP Morgan #Skandia #ONS

After the mixed reactions to DWP's paper, 'Government response to the consultation: Improving transfers and dealing with small pension pots', Xafinity, the UK pensions and payments specialists, is encouraging the Department to push forward with a virtual amalgamation tool for pensions. Read more ...

Tagged under #DWP #Xafinity #small pension pots #Belmont

Platform provider Nucleus said that caution was again the watchword among advisers in Q3 as the Dimensional Global Short Bond Fund became the largest fund holding on Nucleus, replacing the Legal & General Index Linked Gilt Index Trust.
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Tagged under #Nucleus #Bonds #Platform #Funds #index

Risk profiling specialist FinaMetrica today announced enhancements to its risk tolerance report and supporting materials – based on feedback from 5,000 Australian, UK and US financial advisers. Read more ...

Tagged under #Finametrica #Risk Profiling #Resnik

The Office for National Statistics has estimated that GDP increased by 1 per cent in Q3 2012 compared with Q2 2012 with business services and finance returning to growth.
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Tagged under #GDP #ONS #economy #business and finance

E-commerce provider Origo has today published an independently-researched White Paper highlighting how the complexities of the Sipp transfer processes are hindering service to financial advisers and potentially risking the reputation of the Sipp market.
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Tagged under #Sipps #Origo #transfers

A second professional tax adviser working for the Vantis Tax Ltd group was today jailed for four years for his part in a £70 million tax fraud. Read more ...

Tagged under #Vantis #Roy Faichney #David Perrin

The Office for National Statitstics says that UK incomes are being squeezed more than in previous recessions. Read more ...

Tagged under #ONS #national income

Retirement specialist LV= has confirmed that its retirement products and systems are RDR ready. Read more ...

Tagged under #RDR #retirement #LV=

Societe Generale is launching its first of a range of UK deposit plans following consultation with a number of UK financial advisers. Read more ...

Tagged under #Isa #SocGen #Societe Generale #UK Range