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Pensions-savings-retirement-piggy bank

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Axa platform to pay exit fees for transferring customers

Customers transferring to Axa Self Investor will be able to claim up £750 per person to pay any exit fees levied by ceding providers. The offer is open to new and existing investors who submit a transfer request between 1 May 2015 and 31 July 2015. However, claims must be made within 30 days of […]

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Will mandatory ‘cooling-off’ periods protect savers from pension scammers?

Labour plans to introduce mandatory “cooling-off” periods for defined contribution pension savers may not be enough to protect people from fraudsters, experts warn. The party says the rules would come into action when customers approach, or are approached by, a provider on how to invest their savings. It adds that the requirement would only apply […]

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SNP targets ‘unfair’ pension charges

The Scottish National Party has warned that while it backs pension freedoms, it plans to identify and target “hidden” and “unfair” charges. In its election manifesto, published earlier today, the SNP says it backs the principle of giving pensioners more freedom over how to spend their retirement pot. However, the party warns: “We must ensure adequate […]

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Innovation: More than just information

Providing factual information is one way to help advisers through the due diligence maze when selecting a discretionary investment manager. But Diminimis goes further than that. The firm helps advisers articulate what they need from a DIM to fit their clients and their businesses. It researches the market of more than 220 DIMs, produces a […]

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India’s key reform of 2017? Government announces huge banks recapitalisation programme

Kunal Desai, Head of Indian Equities, Neptune India’s government has announced a huge recapitalisation plan to fortify the balance sheets of its ailing state owned (SOE) banks. The government has committed $32 billion, which was far in excess of market expectations. This capital will be infused over the next two years and should help the […]

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