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Banks to pay redress after interest rate hedging products mis-sold
- Friday, 29 June 2012
- Articles
The Financial Services Authority has announced that it has found serious failings in the sale of interest rate hedging products to small and medium sized businesses.
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Advisers favour Standard Life and Sippcentre as Sipp providers - poll
- Thursday, 28 June 2012
- Articles
A survey of 1,000 financial advisers has found that Sipps provided by specialist providers are, on average, more popular than Sipps provided by life and pension companies.
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AXA Wealth and Parmenion announce adviser charging structures
- Thursday, 28 June 2012
- Articles
Institute of Financial Planning sponsors AXA Wealth and Parmenion have announced their new charging structures ahead of the RDR changes on 1 January.
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Fall of 0.3 per cent in GDP confirms UK recession
- Thursday, 28 June 2012
- Articles
The third revision of GDP figures from the Office for National Statistics has confirmed Britain is still in recession with a fall of 0.3 per cent.
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Lloyds to sell off 632 branches to Co-operative Group
- Thursday, 28 June 2012
- Articles
Lloyds Banking Group has agreed terms for the sale of 632 branches to the Co-operative Group.
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Tyrie brands Barclays' actions as 'inexcusable'
- Thursday, 28 June 2012
- Articles
Chairman of the Treasury Select Committee Andrew Tyrie MP has branded Barclays' actions as 'inexcusable'.
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Platform paper could cause consumer detriment, warns AXA Wealth
- Wednesday, 27 June 2012
- Articles
AXA Wealth, a sponsor of the Institute of Financial Planning, has warned of consumer detriment stemming from the FSA's platform paper.
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Barclays senior execs waive bonuses after £59.5m FSA fine
- Wednesday, 27 June 2012
- Articles
Barclays has been fined £59.5m by the Financial Services Authority for misconduct, the biggest fine ever issued by the regulator.
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Prudential chief executive is appointed chairman of ABI
- Wednesday, 27 June 2012
- Articles
Tidjane Thiam, group chief executive of Prudential, is to take over from Tim Breedon as next chairman of the Association of British Insurers.
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Firms respond positively to FSA platform paper decision
- Wednesday, 27 June 2012
- Articles
Firms have responded quickly to the Financial Services Authority's platform paper released today, with most voicing approval.
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