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FinaMetrica and Margetts launch risk description service

Risk-profiling firm FinaMetrica has launched a series of risk descriptions with Margetts Fund Management for use on Margetts’ risk-rated range of funds.

The descriptions take into account historical returns and have been integrated into Margetts’ existing risk reports.

FinaMetrica says the descriptions show how a client’s portfolio is managed and allocated.

FinaMetrica director Paul Resnik says: “By illustrating the five biggest rises and the five largest falls, plus their time to recover, we help investors better deal with the passions that drive them to want to invest more when the markets are rising and cash-out when the markets are falling.”


MPs call for no-fault dismissal to be scrapped

Over 60 MPs have signed a motion calling on the Government to drop controversial plans to introduce no-fault dismissals for small firms. In November, the Government launched a consultation on whether employers with fewer than 10 staff should be able to dismiss staff without an explanation as part of a wider package of measures aimed […]

Scottish government set for stamp duty overhaul

The Scottish government has launched a consultation to overhaul mortgage stamp duty. The proposals include changing the structure of the tax to a more “progressive system” instead of the slab system currently used. Currently, homeowners pay no stamp duty if their property is worth less than £125,000 and between £125,001 and £250,000, 1 per cent […]

Ex-Fidelity director Peter Hicks sets up advice firm

Former Fidelity Worldwide Investment product director for UK equities Peter Hicks has set up an advice firm. According to the FSA register, he has set up Peter Hicks Financial Advisers based in Maidstone, Kent. His LinkedIn profile says he has been a director at the firm since March. Hicks, who joined Fidelity in 2003, left […]

Thatcher, Thatcher candlestick snatcher?

Margaret Thatcher was caught trying to make off with two silver candlesticks from a Treasury function in the 1980s, Chancellor George Osborne has revealed. With the UK in a double-dip recession and economic clouds darkening as the euro crisis grows, Osborne attempted to lighten the mood at last night’s Mansion House address by warning guests […]


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