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FSA says trail commission cannot always be accounted for.

Regulators have told the Treasury select committee that trail commission cannot always be accounted for.
In its response the committee&#39s report the FSA said that small amounts of trail could not always be recorded.
It also emphasised its commitment to cutting down on commission when no advice has been given.

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79% of Wig firms say trail does not cover cost

Women&#39s IFA Group research shows that 79 per cent of member advisers feel trail commission does not cover the cost of serving existing clients. The data shows 93 per cent of Wig respondents have never received negative feedback from a client concerning ren-ewal or trail commission and 91 per cent believe their clients would not […]

Destini acquires three more IFAs

Destini has bought three more businesses, adding £1.5m to its turnover and a further 15 advisers to the group. The new acquisitions are Bournemouth-based Swift IFA, Adams Tingle Financial Services of Kettering in Northamptonshire and Vivienne Shepherd & Co from near Newcastle. Adams Tingle managing director Gary Keyes says he wanted his firm to be […]

Barclays Global Investors – i-Shares MSCI Japan

Type: Exchange traded fund Aim: Growth by tracking the performance of the MSCI Japan Index Minimum investment: Subject to negotiation with a stockbroker Investment split: 100% tracking the performance of the MSCI Japan index Place of registration: Dublin Isa link: Yes Pep transfers: Yes Charges: Annual 0.59% Commission: None Tel: 020 7668 8007

Time for action – ABI

Reacting to today&#39s publication of the Pensions Commission&#39s report, ABI Director General Mary Francis says: “Three years ago the ABI calculated that there was a savings gap of £27bn each year. This now looks like an under-estimate. There are no easy answers to the pensions crisis, but the bones of a solution are emerging.” The […]

Can UK companies satisfy global appetites?

By Mark Martin, Manager of Neptune UK Mid Cap Fund

Rapid economic and income growth is leading to a dramatic shift in diet towards protein products right around the globe. UK companies such as Genus, the world’s largest livestock breeder, are benefiting from this increasing demand. Mark Martin, manager of the Neptune UK Mid Cap Fund, discusses this investment theme.

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