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More change at the top for Towers Watson's investment business
- Wednesday, 05 March 2014
- Articles
Towers Watson has announced further changes to its leading investments team.
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Legal and General trebles net cash since financial crisis
- Wednesday, 05 March 2014
- Articles
IFP corporate member Legal and General has announced its net cash has more than tripled since the 2008 financial crisis, going from £320m to just over £1bn.
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Average retiree financing two dependents at £3k per year
- Wednesday, 05 March 2014
- Articles
Many retirees will be feeling the pinch immediately after they quit work as they help with family finances to the tune of £3,000 per year.
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Target Absolute Return leads equity funds dominance - IMA
- Tuesday, 04 March 2014
- Articles
Investment Management Association figures for January 2014 reveal that equities were the best selling asset class for the 10th month in a row with Target Absolute Return the top sector.
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FCA: 'significant improvements' in tackling mis-selling but more to do
- Tuesday, 04 March 2014
- Articles
The FCA says that the major retail banks have either replaced or made substantial changes to financial incentive schemes which played such a major role in the mis-selling scandals of recent years but one in 10 firms still retains "higher risk" incentive schemes.
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Veteran Tigue hands over reins of £2.6bn F&C fund to Niven
- Tuesday, 04 March 2014
- Articles
Paul Niven is to take over the reins as the manager of the £2.6bn F&C Investment Trust (FCIT) from 1 July, replacing veteran Jeremy Tigue who has decided to step down after 17 years as FCIT fund manager and 33 years with F&C.
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Towry appoints first head of client experience
- Monday, 03 March 2014
- Articles
Wealth adviser Towry has appointed Linda Payne to its executive committee in the new role of head of client experience.
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Thesis ups bias towards value style investing as sentiment improves
- Monday, 03 March 2014
- Articles
Thesis Asset Management has increased its exposure to value-style investing across its Optima range of portfolios as the market outlook continues to improve.
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War on savers will 'drive retirees to seek higher risk investments'
- Monday, 03 March 2014
- Articles
Nigel Green, chief executive of global financial advisory firm deVere, has forecast that a growing number of retirees will consider "higher risk-higher return investments" as a result of the Bank of England's February statement that interest rates are likely to remain low until the end of the decade.
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IFP gears up for Accredited Planning Firms Conference
- Monday, 03 March 2014
- Articles
The Institute of Financial Planning is gearing up for this week's Accredited Financial Planning Firms Conference in St Albans.
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