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Fidelity opens doors to IFAs

Fidelity will cost an investment forum for professional advisers and IFAs on Friday.
The asset management firm will give intermediaries the chance to meet fund managers from the UK and hold a video conference with others from across the globe.
The theme of the forum, which is being held at The Brewery on Chiswell Street, is “Why the biggest risk is not taking risks”.
This is Fidelity&#39s attempt to challenge the levels of investor apathy and risk-aversion on the market.


Standard Life goes back on endowment promise

Standard Life has suspended its mortgage endowment promise, potentially hitting 600,000 policyholders who suffer a shortfall. The promise was conditional on Standard increasing its free capital from its level in September 2000. However, the firm says poor investment conditions over the last four years mean it cannot justify making further provisions towards the cost of […]

Replacement demanded for &#39failed&#39 stakeholder

Shadow Pensions Minister Nigel Waterson has slammed stakeholder pensions as a dismal failure and called on the Government to provide a wrapper that the industry can work with. Speaking at the B&CE fringe meeting at the Conservative Party conference this week, Waterson said the collapse of the savings culture has contributed significantly to stakeholder&#39s downfall. […]

Proof of the pudding

We hear tell of a great PR lunch off coming to the mortgage market at a restaurant near you. One of the industry&#39s famous lunchers, former journalist, current PR and careful driver Nick Gardner, is planning to be mean to Melanie Bien. (Well, not mean exactly but it rhymes). Bien is currently personal finance editor […]

Call for EU-wide compensation fund

The Financial Services Consumer Panel has called for a centralised European compensation fund to be set up. Speaking at a Treasury select committee meeting on the EU single market in financial services, FSCP chairwoman Ann Foster complained that the EU&#39s Financial Services Action Plan actively excludes consumers. Foster wants to see more measures put in […]


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