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NMBA spikes paraplanner apprenticeship after Govt funding shortfall

The New Model Business Academy received just over half the Government funding for its apprenticeship programme it was hoping for, which has led to paraplanner and administrator apprenticeships being shelved. NMBA, which is part of the SimplyBiz Group, announced earlier today it is opening applications for its apprenticeship programme this week. In December, it received […]

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Pensions minister: New guidance body will not slash staff

Pensions minister Guy Opperman says most of the staff who work for the three separate public guidance bodies as it stands will end up at the single financial guidance body once it is established. In a letter published yesterday, Opperman gives more details about how the single body will be created from merging the Pensions Advisory […]

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Mifid II sticking points

Just a few weeks into implementation, it is clear Mifid II will continue to challenge the industry for some time to come The pursuit of greater transparency for consumers should of course be welcomed. However, the UK financial services sector was always going to encounter some unique challenges in trying to implement the new Mifid […]

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Pru to give building society’s members financial advice

Prudential Financial Planning has agreed to offer financial advice to Cambridge Building Society’s mortgage customers. Prudential will advise on protection and also investment, pension and retirement planning if the customer asks for it. The service will be mostly telephone-based but face-to-face meetings can be arranged. Back in business: Is the Man from the Pru set […]

Tax-free gains? That can’t be right, can it?

When he was Chancellor of the Exchequer, George Osborne made several changes to the way in which income is taxed. Personal allowances were increased significantly above the rate of inflation; a starting rate band was introduced for savings income and, with effect from 6 April 2015, this was assessed at 0 per cent. In addition, […]

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