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Golf winner

Worldwide Financial Planning IFA Darren McKeever has won Money Marketing’s competition for a free place on a qualifying round of the Uolo IFA Golf Tour 2011. If he is a top 12 qualifier, he will win a four day all-expenses paid trip to play in the final at the Aphrodite Hills Resort in Cyprus.

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MM Leader: RDR impact must not be underestimated

With the RDR deadline only 19 months away, there is growing concern that firms are underestimating the radical business transformation changes that will be required. Understandably, the focus for many has been on obtaining the new qualifications. But firms may well find that adapting their business models to abide by the RDR rules on charging […]

Wait goes on for HMRC stance on bonds

Technical experts are still waiting for details from HM Revenue & Customs about how adviser charges will operate through life insurance bonds. One issue that is yet to be clarified is where clients choose to pay for advice through life insurance bonds. Clients receive a 5 per cent income on these bonds but this would […]

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Fees could see decumulation clients fire their advisers

Clients in the decumulation phase are more likely to feel the impact of adviser-charging, which may prompt them to get rid of their adviser. Taxbriefs editorial director Danby Bloch says the effect of adviser-charging will be felt differently by different types of clients, depending on whether they are growing assets or taking an income. At […]

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Nationwide cuts two-year 50% LTV fixes by 0.15%

Nationwide Building Society is to cut its two-year 50 per cent loan-to-value fixed rates for new applicants by 0.15 per cent. The changes take place from June 3, with rates starting from 2.99 per cent. There is a two-year fixed rate available at 2.99 per cent, £400 product fee and £99 booking fee for house […]

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