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News by: Jun Merrett

Wealth manager set to list on AIM after 'reverse acquisition'

by Jun Merrett on Apr 17, 2014 at 12:22

Wealth manager European Wealth is set to list on the Alternative Investment Market (AIM) in May following a ‘reverse acquisition.’

Transact plans to offer protection products

by Jun Merrett on Apr 17, 2014 at 12:22

Transact is looking at launching a protection product on its platform.

Gov’t guidance guarantee to include life expectancy estimates

by Jun Merrett on Apr 17, 2014 at 07:37

The government will give pensioners life expectancy estimates as part of its Budget guidance guarantee.

HMRC issues fresh guidance on taxation of rebates

by Jun Merrett on Apr 16, 2014 at 14:03

HM Revenue and Customs has published updated guidance on how it will tax clients receiving rebates from fund managers or platforms.

Andrew Fisher to exit Towry

by Jun Merrett on Apr 16, 2014 at 10:53

Andrew Fisher has stepped down from his role as chief executive of Towry.

FSCS hikes adviser levy to £112m for 2014/15

by Jun Merrett on Apr 15, 2014 at 07:47

The Financial Services Compensation Scheme has hiked its levy on advisers for 2014/15 to £112 million.

Boiler room fraudster in £4m scam sentenced to four years

by Jun Merrett on Apr 15, 2014 at 07:44

A boiler room fraudster has been sentenced for four and a half years for his part in a £4 million scam.

Barclays hires Standard remuneration chief after anger over pay

by Jun Merrett on Apr 15, 2014 at 07:38

Barclays has hired Standard Life's Crawford Gillies as its new remuneration chief following shareholder anger at the bank's bonus payouts.

Nucleus and Cofunds tackle adviser charging tax penalties

by Jun Merrett on Apr 14, 2014 at 13:30

Platforms Nucleus and Cofunds are set to make changes to the way they facilitate adviser charging in an effort to tackle potential tax penalties for clients.

Old Mutual reviews Intrinsic and Henderson joint venture

by Jun Merrett on Apr 14, 2014 at 13:26

Old Mutual Wealth is reviewing the management of network Intrinsic’s fund range Cirilium in a move which may see Henderson Global Investors lose the mandate.

Budget bounce-back: providers parry the pensions revolution

by Jun Merrett, Michelle Abrego on Apr 11, 2014 at 12:27

In this year's Budget, chancellor George Osborne turned the pensions market on its head with dramatic reforms. Click through to see how providers have adapted to the government's grand plans.

Lunge, parry, riposte! How to survive post-rebate wrap battles

by Jun Merrett on Apr 11, 2014 at 11:58

Fund manager rebates have been put to the sword and the fight to offer the best deals has really begun. How can advisers make sure they don't get caught up in the fray?  Jun Merrett dons her fencing gear and talks to Mark Polson of the Lang Cat about how to navigate the next six months.

Sesame blames 'speculative' claims chasers for complaint figures

by Jun Merrett on Apr 11, 2014 at 07:35

Sesame has blamed the ‘speculative actions’ of claims management firms for the 1,356 complaints it received in the second half of 2013.

Dadswell to raise roof with cathedral abseil

by Jun Merrett on Apr 10, 2014 at 13:30

Chapters Financial director Esther Dadswell plans to abseil down Guildford Cathedral in a bid to save the historic building from closure.

Gibson's gags crack Amazon chart in aid of Alzheimer's

by Jun Merrett on Apr 10, 2014 at 13:30

Atkinson Bolton director Simon Gibson has hit the top of the Amazon book charts with a joke book.

RBS moves towards restoring dividends

by Jun Merrett on Apr 10, 2014 at 10:30

The Royal Bank of Scotland (RBS) has removed a Treasury block to allow dividend payouts to private shareholders.

HMRC removes tax penalty on reinstating pension pots

by Jun Merrett on Apr 10, 2014 at 10:29

HM Revenues & Customs has removed a tax penalty to allow individuals to reinstate cash lump sums back into their pension pots without being charged.

Sesame boss backs past review to deliver future profits

by Jun Merrett on Apr 10, 2014 at 10:28

To say Sesame Bankhall Group had a difficult 2013 is an understatement. The group was put up for sale by parent Friends Life, fined £6 million by the Financial Conduct Authority (FCA), posted a £19 million loss and saw its chief executive depart.

Lord Myners quits Co-op Group in wake of review

by Jun Merrett on Apr 10, 2014 at 08:25

City minister Lord Myners has resigned from the Co-op Group after four months in his role.

FCA sets out guidance on interim Budget reforms

by Jun Merrett on Apr 10, 2014 at 08:09

The Financial Conduct Authority (FCA) is set to monitor advisers and providers’ post-Budget business models and product developments in its supervisory work.

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