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Former Rathbones boss leaves Pimfa board

Former Rathbones chief executive Andy Pomfret has left the board of the Personal Investment Management and Financial Advice Association board. A Companies House filing shows Pomfret’s position was terminated as of 30 November. Pomfret was chief executive at Rathbones for a decade from 2004 to 2014. Pimfa was formed through the merger of Apfa and […]

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London house prices record first annual fall for eight years

House prices in London fell 0.5 per cent during 2017 – the first fall for eight years – according to the latest house price index from the Nationwide Building Society. Across the UK, house prices rose over the year, but by a modest 2.6 per cent, according to Nationwide. This compares with a rise in […]

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Aberdeen Standard outflows continue but platform and pensions bounce back

Standard Life Aberdeen’s investment arm has seen outflows continue, latest results show, but the newly merged investment giant has benefited from an uplift from its pensions and platforms businesses. For the nine months to September, Aberdeen Standard Investments assets under management dropped from £580.6bn to £569.7bn, with company noting that market conditions “remain challenging.” This was offset by […]

Three stocks due a Brexit boost

By Mark Martin & Holly Cassell, Neptune Mark Martin and Holly Cassell highlight three high-conviction holdings in the Neptune UK Mid Cap Fund that they believe are well positioned to benefit from Brexit. Read more Important information Investment risks Neptune funds may have a high historic volatility rating and past performance is not a guide […]

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