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Latest News

FCA sees 28% increase in suspicious transaction reports

The FCA has seen a 28% rise in 'suspicious transaction' reports. 

Skandia holds back on investment trusts until 2016

Platform says that investment trusts will not be available until technology revamp is completed

Virgin Money sets sights on £2bn float

Virgin Money is in talks over a possible £2 billion float as soon as October.

Woodford sells HSBC stake over Libor fine concerns

Woodford has sold his stake in HSBC amid concerns that the bank will face significant fines over Libor.

Bellpenny boosts assets by £108m with Glasgow acquisition

Bellpenny has bought Reid, Scott & Ross.

Standard Life weighs plans to acquire advice firms

Standard Life is considering the acquisition of regional advice firms, New Model Adviser® understands.

Labour MPs attack Webb over exit fees and guidance guarantee

Pensions minister Steve Webb has come under fire from MPs over the retirement reforms announced in the Budget.

Cambridgeshire IFA gets nod on discretionary permissions

Beacon Wealth Management has gained discretionary permissions.

Tesco troubles continue to weigh on FTSE and rivals

Tesco falls further as news of a big US investor reducing its stake follows Friday's dividend cut.

Nutmeg doubles losses to £3.6m

Nutmeg has posted a pre-tax loss of £3.6 million for 2013.