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Credit Suisse gets merger go-ahead

Credit Suisse has won share-holder approval to consoli-date its multi-manager fund range. The European, North American and Japan-ese multi-manager funds will be merged into its international portfolio and the Asia Pacific fund into emerging markets .

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First-time buyers fall in June says Council of Mortgage Lenders

There was a fall in the number of first-time buyers in June dropping to 35, 600, according to new stats from the Council of Mortgage Lenders.The research also shows that the FTB income multiple hit a new record at 3.37 times the average FTB income – up slightly from 3.36 times in May, and 3.22 […]

L&G is offering advisers tips on business protection

Legal & General is offering advisers tips on how to generate new leads for business protection. The insurer will give practical advice on how to make the most of local commercial opportunities and how to identify existing clients that may benefit from business protection. L&G will also allow advisers to access its underwriters before an […]

Just when you thought it was safe to go back in the pension water

There seems to be some concern within the pension community that a species of pseudo-Sipp has been spotted off the coast of Cornwall, pretending to be a real Sipp. The apparent logic of these Sipp spotters, who seem to be trying to whip up a campaign for real Sipps, is that unless a Sipp offers […]

‘Stop slamming Sipps’

Hargreaves Lansdown head of pensions research Tom McPhail has criticised IFAs who are calling for Sipp providers to be more defined.McPhail says different Sipps simply offer different levels of investment flexibility. He says the most important issue is that Sipps are engaging investors.McPhail says: “If we start criticising some Sipps for not being ‘real’ Sipps, […]

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