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Exchange sale sanctioned

The acquisition of Marlborough Stirling by Vertex Data Science has been sanctioned by the high court of justice.
Marlborough Stirling is the parent company of IFA portal The Exchange.
Vertex, a subsidiary of United Utilities, bought the company in March for 95.3m.
It is expected to take control from 12 May.


100 per cent pass new CII mortgage paper

The CII has announced all 219 candidates sitting the first lifetime mortgage activities paper have passed.79 per cent of those taking the mortgage advice paper also passed bringing the total number of holders to 709 since its introduction in January.CII qualifications and compliance manager Paul turner says: “This is good news for those seeking mortgage […]

Julian Gibbs

Since 2003, when New Star took over the running of its property trust, it has grown from around 135m to well over 480m, despite not being eligible for Isas.

IFAs achieve 95 per cent A-day pass rate

Just under 95 per cent of candidates sitting the first Pensions Simplification Update Programme examination achieved a pass, according to the CII.Results issued this week to candidates who sat the exam in April reveal that 288 passed the exam unit. The CII has already received a further 2000 entries for the remaining exam sessions this […]

Fee fie

Our panel discuss whether recent hikes in fund charges can be justified and predict where value will come from in the next 12 months.


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