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Insider dealers to pay £1.7m in confiscation orders

A Southwark Crown Court judge has issued confiscation orders totalling £1.69m against convicted insider dealers Martyn Dodgson and Andrew Hind. Dodgson’s order requires him to pay just over £1m and Hind must pay nearly £625,000. The orders must be paid within three months or Dodgson will face a further seven and a half years in […]

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Harwood Wealth buys Ascot IFA

Harwood Wealth Management has acquired Ascot-based IFA Fund Management for £1.1m. Fund Management, which has assets under advice of £34m, was jointly owned by Ian and Diana Head. The firm will operate as its own brand and Ian Head will remain at the business as an adviser. Harwood Wealth non-executive chairman Peter Mann says: “We […]

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Adrian Boulding: Advisers should not feel threatened by default drawdown

The work and pensions committee’s recent recommendation that drawdown providers offer a 0.75 per cent charging ‘default decumulation pathway’ by April 2019 has hit the headlines. The idea is that it will protect disengaged customers who may make poor investment and decumulation choices. Either trustees or independent governance committees would choose both a default fund […]

Oil industry: only the fittest will survive

The actions of OPEC have forced the oil supply to fall and producers to cut costs and rationalise, says Richard Hulf In an interview with journalist Alexis Xydias, Richard Hulf, manager of the Artemis Global Energy Fund, explains the impact of the fall in the oil price on energy companies. Alexis also quizzes Richard on […]

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