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Citizens Advice aiming to extend free service

Citizens Advice is looking for IFAs to provide free generic financial advice to people on low and middle incomes. It hopes to build on last year’s pilot scheme.

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Britannic opens Cartesian boutique

Britannic Asset Management has set up the Cartesian boutique run by the former SVM managers David Stevenson and Andrew Kelly. Its UK opportunities fund will hold 30 to 60 high-conviction stocks with a bias to mid-and small caps.

Skandia IM launches Isable property fund

Skandia Investment Management is launching an Isable property vehicle to be run by ING Real Estate. The Skandia Property Fund, to be run by ING’s Nigel Pickup, will invest in a total of 25 holdings with the 10 largest positions accounting for 70 per cent of the portfolio. The 260m fund was orignially run as […]

Owen reins in Defence Union’s aggressive approach

The IFA Defence Union is looking to shed its militant tag with a rebrand and increased focus on training. Evan Owen plans to change the name to the IFA Defence and Development Union. Owen, who has consistently argued that the financial services regulatory regime violates EU human rights law, says he is looking to quash […]

Insurers still have issues with flexibility and underwriting, says BIBA

Insurers overall performance has improved but there are still issues to be addressed with flexibility and underwriting according to the British Insurance Brokers Association.Speed of issue of policy documents and accuracy of paperwork were some of the issues highlighted in Bibas tenth annual survey among 440 personal and 582 commercial brokers.When policies are inaccurate brokers […]

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