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Tony Mudd: Advisers are stifling protection innovation

The biggest reason new concepts are not being brought to market is a lack of confidence that advisers will change their behaviour. Having started life in the financial services industry as a clerk for one of the largest life assurance companies in the UK, protection has always been my first love. Unfortunately, it only takes […]

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Govt starts hunt for Carney’s successor at BoE

The government has started looking for a new Bank of England boss to replace Mark Carney (pictured) when he steps down next year. The Canadian governor will have been in the post for six years when he leaves Threadneedle Street on January 31 2020. For the first time the government is using a recruitment to […]

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Do the rules on investment marketing need a rewrite?

The demise of London Capital & Finance has raised fears over FCA-regulated firms offering unregulated products The way in which unregulated investments are promoted was thrust into the spotlight again earlier this year after the FCA told mini-bond provider London Capital & Finance to take down its marketing over claims it was misleading. This led […]

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Profile: ‘Someone booed me when I said I was a financial adviser’

Grosvenor Consultancy IFA Alice Douglass on the highs and lows of networking as a financial adviser Traffic wardens, tax inspectors, estate agents and journalists – all people doing jobs that the general public love to hate. But what is it about being a financial adviser that provokes such strong negative reactions from some people too? […]

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Court puts unauthorised investment firm into provisional liquidation

The High Court has put the unauthorised investment firm Asset Backed Management Limited into provisional liquidation following an application from the government. An update from the Insolvency Service says this was done on 12 April 2019 following an application it issued on behalf of the secretary of state for business, energy and industrial strategy. The […]

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Aberdeen Standard manager leaves for new role at Janus Henderson  

Janus Henderson Investors has appointed Alex Barr to join its UK multi-asset and alternatives team in London where he will be a senior portfolio manager. He starts in July 2019 and joins from Aberdeen Standard Investments, where he was global head of private markets and real estate investment oversight. Barr has 26 years of experience […]

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Aviva UK life chief Briggs steps down

Aviva head of UK insurance Andy Briggs has stepped down from the role, the company has announced. He leaves the position today, and will stay with Aviva until October “to support an orderly transition”. The departure comes after Maurice Tulloch was recently appointed chief executive of the overall Aviva group. Briggs joined Aviva in 2015, […]