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Sipp firms under pressure to raise fees as FSCS levies soar

Sipp customers may have to pay higher fees as providers see the cost of complying with regulation soar 75 per cent this year. Legal & General-owned Sipp firm Suffolk Life warns total regulatory costs have jumped 75 per cent, driven by the increased Financial Services Compensation Scheme levy which it says could be as as […]

Treasury looks to address advice gap

By Jamie Clark, Business Development Manager, Royal London Hot on the heels of consultations on tax relief and pension transfers and early-exit charges comes a new investigation into the advice gap, and how this can be bridged. Ever since the new pensions freedoms were introduced, concerns have been raised about how people can get access […]

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Ben Yearsley joins Plymouth-based advice firm

Ben Yearsley has been hired to chair the investment committee of Plymouth-based advice firm Shore Financial Planning. The former Charles Stanley Direct head of investment research, who left the firm in June, will also join the board of Shore Financial in a non-executive position. He says: “I have known and worked with the principals of Shore […]

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Jelf confirms Marsh takeover talks

Employee benefits and financial planning firm Jelf Group has confirmed it is in talks with insurance broker Marsh over a potential takeover. In a statement on the London Stock Exchange this morning, Jelf says: “Discussions, which are ongoing, are at an early stage and there can be no certainty that any offer will ultimately be […]

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