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AFH Alan Hudson 700

Consolidator snaps up law firm’s advice arm

Consolidator AFH has bought the assets of Meritor, the financial advisory business of law firm Freeths. AFH will pay a maximum of £530,000 for the business, dependent on its performance. AFH expects the business to add around £330,000 of annual revenue. AFH chief executive Alan Hudson says: “This latest acquisition will continue the expansion of […]

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Steve Bee: Employers tied in knots by red tape on pensions

Many of my friends are ex-teachers, having retired from the profession. We were recently talking about how valuable the teachers’ pension scheme has been to them in building a decent amount to retire on and bemoaning the fact the next generations are unlikely to have such benefits provided through the generosity of their employers. Our […]

File image of a pension savings pot

Healthcare company fined for lying to Pensions Regulator

A Birmingham-based healthcare company will have to pay over £20,000 after misleading The Pensions Regulator over workplace pensions for its staff. Crest Healthcare and managing director Sheila Aluko pleaded guilty to two counts each of failing to comply with auto-enrolment, as well as a charge of “knowingly or recklessly providing false or misleading information” to […]

Europe: Domestic backdrop & China impact

By Rob Burnett, Head of European Equities In recent weeks equities have been buffeted by two shocks occurring at the same time: China’s devaluation of the renminbi and the prospect of the US Federal Reserve (Fed) raising interest rates. The market is not comfortable with the Fed raising rates at the same time that China […]

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