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HL assets boosted by 14% to £20bn

Hargreaves Lansdown has reported a 14 per cent rise in assets under management to £19.9bn in the quarter to September 30, boosted by stockmarket rises.

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1,500 Sign up to Incapital Euro product masterclasses

Incapital Europe says 1,500 wealth managers and financial advisers have signed up to its nationwide structured product masterclasses just two weeks after it announced the scheme. The group says 70 per cent of registered attendees have declared themselves supportive of structured products, while 30 per cent are sceptical. It says the unbiased training cla-sses, developed […]

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‘FOS is quasijudicial but does not act like regulator’

Financial Ombudsman Service chief executive Natalie Ceeney says the FOS is “unashamedly quasi-judicial” but insists it does not act like a regulator. Giving evidence to the Treasury select committee last week, Ceeney said the body’s role is inherently quasi-judicial. She said: “We look at individual cases and we decide on the merits of each case […]

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State pension age to hit 66 by 2016

Chancellor George Osborne is expected to hike the state pension age to 66 by 2016 in today’s Comprehensive Spending Review. This will be followed by a further two year increase the retirement age to 68 by 2038, The Daily Telegraph reports. An acceleration in the increase in the retirement age formed part of the Conservatives […]

Artemis Global Income: Making sense of global markets

The rally in cyclical ‘value’ stocks paused for breath in February, as investors took a more cautious tone and switched their attention back to defensive areas. In this article, Jacob de Tusch-Lec, manager of the Artemis Global Income Fund, explains how he has positioned the portfolio, given the many economic, geopolitical and policy risks that […]

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