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Pimfa commits to keeping WMA indices

Adviser trade body Pimfa has confirmed it will keep and revamp its indices following speculation they might be scrapped. The new trade body was set up in June last year through the merger of the Wealth Management Association and Apfa. In March 2017, the WMA launched the MSCI WMA Private Investor Index Series, which is […]

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FSCS gives Capita £37m claims handling contract

The Financial Services Compensation Scheme has chosen outsourcing firm Capita to manage its claims handling service in a contract worth £37m. FSCS claims handling processes were previously provided by three suppliers, including Capita. Under the terms of the contract, all services relating to the FSCS’s claims handling and customer services will be managed by Capita […]

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Complexity holds back advice on hybrid decumulation products

Nearly three quarters of financial advisers believe more product innovation is needed in decumulation, according to an exclusive survey by Bankhall with Money Marketing, but complexity continues to be a barrier to advice on hybrid products. In the survey of 252 IFAs for Money Marketing, Bankhall asked advisers what the main barrier to recommending more […]

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Where can investors find income in a changing world?

Why taking a global approach not only diversifies risk but also allows investors to access a far wider choice of yields. The diversification benefits of investing globally are well known. But as this short animation explains, taking a global approach can also help investors seeking income. By combining exposure to both bonds and equities spread across a […]

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