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Pension savers stung by year one fees

People saving into personal pensions are being hit by charges of over 2 per cent in their first year of investing, research reveals. Analysis conducted by ComPeer and commissioned by Nutmeg shows schemes run by wealth managers can charge up to £2,220 on a £100,000 pot over the first year of investing. Investec Weath & […]

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Advisers seek compensation for Iress Xplan system failures

A number of advice firms are pursuing Iress for thousands of pounds in refunded fees, after suffering “nightmare” technical problems with its Xplan software. Xplan is an end-to-end system which offers portfolio management, client communication and business management tools. Australian technology provider Iress also owns software programme Adviser Office, following its acquisition of Avelo in […]

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