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Gap-filling likely to be preferred option

At a packed meeting in London on Thursday the FSA confirmed that it is unlikely to approve the options of complete scrapping of the polarisation rules and allowing brokerages to multi-ties in its review of retail financial services.

The FSA says that it has considered four options – maintaining the status quo, complete scrapping of the polarisation rules, allowing brokerages to multi-tie and gap-filling. Industry sources believe the announcement leaves gap-filling as likely to be the FSA&#39s preferred option.


ISIS takes AiM

Discussing the main useful features and strong points of the OeicClayson points out the high growth potential and diversification,which includes healthcare, mining and software from newcompanies. Rogers highlights the innovation and clarity of vision.Vaughan says: "The useful features are the ability to investfrom £1,000 as a single premium and from £50 a month for regularpremiums. […]

J O Hambro moves into retail investment market

J O Hambro Capital Management is to launch into the mainstream retail investment market with four new funds. The European, UK Growth, UK Emerging Companies and UK Recovery funds will be Dublin-based Oeics, with minimum investments of £2,500. The funds will carry an initial charge of 5 per cent with an annual management fee of […]

Torquil Clark cautious welcome for comparative tables

Torquil Clark is welcoming the FSA&#39s comparative tables which went live earlier today, but is concerned on the tables&#39 lack of information on past performance and investment risk.Pensions development manager Tom McPhail says: “While we are very pleased to see the FSA taking these steps to educate consumers, we do not believe that the tables […]

The Mortgage Operation runs CeMAP revision courses

Broker network The Mortgage Operation is offering intermediaries assistance in obtaining CeMAP qualifications by running a series of revision courses over the next few months. The courses, which start in November, will focus on CeMAP papers one, two and three and the Bridge/MAQ paper. Two days revision will be spent on each paper and brokers […]

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Guide: Johnson Fleming’s managed auto-enrolment service for SMEs

Johnson Fleming has launched its new managed auto-enrolment service, designed to support SME businesses of up to 250 employees. The managed auto-enrolment service is not just about providing businesses with a software system for them to manage themselves, but more about outsourcing the administration of the project and scheme to Johnson Fleming’s auto-enrolment staff.


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