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FCA issues adviser warning on introducers

The FCA has warned advisers on the risks of authorised firms taking business from unauthorised introducers. In the alert, published today, the FCA says it is concerned at the increasing number of cases where an introducer has had an inappropriate influence on how the authorised advice firm works. It is also concerned by authorised firms outsourcing […]

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Lenders say rate cut may not mean cheaper mortgages

The Bank of England decision to cut base rate to 0.25 per cent will not necessarily mean cheaper mortgages, according to lenders. Speaking at a press conference after announcing the cut to rates and a package of measures to boost the economy, Bank of England governor Mark Carney says the cut means banks “have no […]

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TPR slashes auto-enrol estimate by up to 480,000 firms

The numbers of firms who will have to comply with automatic enrolment regulations has been slashed by up to 480,000 firms. New figures from the Pensions Regulator shows it expects between 1.32 million and 1.46 million employers will have duties under auto-enrolment rules. At the same time last year, TPR estimated 1.8 million firms would […]

US loan growth is not painting a pretty picture for the US economy

Written by Mike Riddell One of the current big debates in global financial markets is whether investors should believe ‘hard’ rather than ‘soft’ data, where the usually reliable business and consumer surveys have been suggesting strengthening in global growth momentum for some time now, while the economic data that feeds through into the Gross Domestic […]

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