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Annabel Brodie-Smith: Why boards are vital for investment trusts

What is ahead for investment company boards? Warren Buffett said: “In the business world, the rear-view mirror is always clearer than the windshield.” It’s sometimes hard, if not impossible, for fund managers to know what they face in the future and how their portfolio should be positioned. One of the strengths of the investment company […]

Quilter: Planning points impacting women more than men

Factors such as longevity and career breaks can negatively affect a woman’s long-term financial situation International Women’s Day, celebrated on 8 March, ran with a theme of “balance for better”. This highlights balance in every sense – and finances need to be one of them. While financial planning is not an inherently gender-specific process, there […]

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FSCS: Recoveries totalling £300m have cut industry levy

The Financial Services Compensation Scheme has recovered just under £300m from failed financial services firms since 2014. Outgoing chief executive Mark Neale labelled the recoveries “unsung work” on behalf of the lifeboat fund which is a major contributor to public confidence in the industry. The FSCS says the recovered funds have significantly reduced what advisers […]

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FCA under fire for failing to track consumer outcomes

The National Audit Office has criticised the FCA and three other regulators for failing to prove how they are responding to consumer problems and not offering enough protection to those in need. In a report today the NAO found that the regulators understand the significant difficulties facing consumers in the financial services and utilities markets, […]