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Biggest job cuts for six years hit financial services

Financial services companies have slashed jobs at the fastest rate for more than six years according to latest research by CBI/PriceWaterhouseCoopers. Its quarterly survey showed a 30 perc ent drop in staffing over the last three months, the biggest since September1996. The research also showed two consecutive quarters of declining business for the first time since March 1993. These falls were most dramatic over the last quarter in the sectors closely linked with the stockmarket, including life assurers, fund managers and security traders

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Failure to offer seller&#39s pack will not be a criminal offence

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IFAs waiting for the war to end

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Equitable &#39coming out of intensive care&#39, says Treves

Equitable Life&#39s finances are gradually stabilising, as attention shifts to its regulation by the DTI more than a decade ago, following claims it had a black hole of £1.3bn in its finances in the early 1990s.A report, commissioned by the Equitable Members&#39 Action Group from accountant Burgess Hodgson and submitted to the Penrose inquiry, claims […]

Stop the cold-calling

Royal London is pleased to support the petition calling for a ban on cold-calling for pension and investment products. The petition, launched by IFA Darren Cooke of Red Circle Financial Planning and hosted on the Parliamentary website, calls on the Government to ban cold-calling for pensions and investment products. A similar ban is already in force […]

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