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News by: Alex Steger

China beats forecast with 7.4% growth

by Alex Steger on Apr 16, 2014 at 08:21

China’s economy grew by 7.4% in the first quarter of 2014, ahead of expectations.

Hargreaves boosted by record inflows as assets hit £45.7bn

by Alex Steger on Apr 16, 2014 at 07:43

Discount broker Hargreaves Lansdown saw net inflows hit a record £1.83 billion in the three months ending 31 March 2014, with overall assets rising to £45.7 billion.

'We will shut you down': FCA warns unauthorised firms after legal win

by Alex Steger on Apr 14, 2014 at 10:16

The Financial Conduct Authority has issued a warning to unauthorised investment firms following a court victory against an illegal land bank.

PwC: 63% of consumers want advice following Budget

by Alex Steger on Apr 14, 2014 at 07:59

Around 63% of consumers plan to seek independent financial advice at retirement as a result of changes to the pensions regime announced in the Budget, according to research by consultants PricewaterhouseCoopers.

Brooks Macdonald snaps up Jersey wealth manager

by Alex Steger on Apr 14, 2014 at 07:52

Brooks Macdonald has acquired a Jersey-based wealth manager DPZ Capital .

FCA sees complaints against firms fall by 15%

by Alex Steger , Michelle Abrego on Apr 09, 2014 at 09:16

Complaints against financial firms have fallen by 15% according to the Financial Conduct Authority (FCA).

Partnership tips shopping around to offset annuity hit

by Alex Steger on Apr 09, 2014 at 08:22

Specialist annuity provider Partnership has written to shareholders in a bid to reassure them over the impact of the government’s proposed pensions reform.

Webb backs plans for closed-book review

by Alex Steger on Apr 07, 2014 at 08:35

Pensions minister Steve Webb has backed the Financial Conduct Authority’s planned review into closed-book life policies outlined last week in its Risk Outlook paper.

Ashcourt seals deal for UKWM boosting assets to £5bn

by Alex Steger on Apr 07, 2014 at 08:33

Ashcourt Rowan has completed the acquisition of national advice firm UK Wealth Management, boosting its assets to more than £5 billion.

Transact profits rise to £16.9m after ‘strong year’

by Jun Merrett, Alex Steger on Apr 07, 2014 at 08:32

Wrap platform Transact has posted a pre-tax profit of £16.9 million for the year ended 30 September 2013, up by £2.2 million on the £14.7 million profit it made in the previous year.

M&G's Woolnough scoops £17.5m pay package

by Alex Steger on Apr 03, 2014 at 16:11

The M&G bond fund manager was the mystery recipient of a £17.5 million pay reward, according to Sky News.

Rathbones buys Jupiter wealth arm and Tilney London business

by Alex Steger on Apr 01, 2014 at 07:29

Wealth manager Rathbones has acquired Jupiter Asset Management’s private client and charity arms for £43.1 million.

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