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Sandringham could delay Aim listing as firm eyes adviser growth

National restricted advice firm Sandringham Financial Planners wants to grow the business by a further 60 adviser members as it hints a planned Alternative Investment Market listing may take longer than expected. Speaking to Money Marketing, Sandringham chief executive Tim Sargisson says the business brought 50 new advisers on board this year and will finish […]

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FCA hits out at high fund charges and poor returns

High charges in actively managed funds are not justified by higher returns on average, the FCA has found. “Weak price competition” and a failure to report performance against an appropriate benchmark were just two of the shortcomings the regulator has found in the asset management market. Releasing the interim findings of a study into the […]

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Govt to ban pension cold calling in Autumn Statement

Chancellor Philip Hammond will ban pensions cold calling in the Autumn Statement next week with scammers facing fines of up to £500,000. Under the proposed regime, all calls where a business has no existing relationship with the consumer will be forbidden. This includes scammers targeting those who are opted-in to receiving third-party communications. The announcement […]

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