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Hargreaves warns its FSCS levy could double to £13m

Investment provider Hargreaves Lansdown has warned that its FSCS levy could nearly double in the coming year from £6.8m to £13m.

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STAR initiative searches for new chair as McPhail exits

The STAR initiative, the cross-industry group aiming to improve the transfer of pension and investment assets between providers, is to seek a new chairman following the decision by its chairman Tom McPhail of Hargreaves Lansdown to leave the industry.

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Warning on damage to pensions of RPI move

The Pensions Policy Institute has warned that a Government change to the inflation measure could cut lifetime pension income by up to 21%.

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Investors suffer £43.9bn wasted in ‘dog’ funds

Bestinvest’s latest ‘Spot the Dog’ report on the worst performing funds reveals that investors have nearly £44bn tied up in underperforming investments.

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