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Fears raised over platforms’ long-term future

Adviser platforms’ profitability remains the number one worry in the industry despite assets growing at a fast rate, according to AJ Bell chief executive Andy Bell. Speaking at the AJ Bell-hosted Investival conference in London today, the platform boss said platforms will continue to struggle to reach profitability, particularly those undergoing replatforming projects. He said: […]

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Standard Life advice arm loses head of London office

Former Baigrie Davies managing director Ian Howe will leave Standard Life-owned advice business 1825 in January, as the firm confirms a number of other employees will also exit. 1825 acquired Baigrie Davies in April 2016. On completion of the deal Howe took on responsibility for 1825’s London office and joined the 1825 executive committee. Money […]

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Mifid II checklist: Are you ready?

The implementation date for Mifid II (3 January) is rapidly approaching, with seasonal celebrations reducing preparation time further. Now is the time to conduct a self-assessment to establish your firm’s state of readiness. Mifid II affects investment advice and discretionary management firms differently, so your actions will be tailored to your firm type. In addition, advice […]

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Govt confirms auto-enrolment charge cap will stay

The 0.75 per cent charge cap on auto-enrolment pension schemes is working “broadly as intended” and will not be changed, the Government has confirmed. In a written statement today, pensions minister Guy Opperman, confirmed that following a review of the Government recent Pension Charges Survey, which took data relating to over 14m pension savers, there […]

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