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ICS opens compensation channel for clients of four more firms

The Investors Compensation Scheme is opening its compensation procedure for customers of four former investment firms.


The four firms are Edwin James Limited, Michael F P Howlett Associates, Portcullis Agencies and Sovereign Investment Consultants Limited.

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Banks and fund managers call for UK rate cut

Barclays Capital is urging the Bank of England&#39s Monetary Policy Committee to cut interest rates by at least 0.25 per cent when it next meets.Barclays is urging the MPC to make the cut because it is predicting that quarterly growth annualised in the service sector is going to be less than 1.5 per cent in […]

Standard Life angers Tep providers by voicing projection doubts

Standard Life has angered Tep providers with accusations that they are providing consumers with unrealistically high projections for maturity values.The life office says it is concerned there is no regulation to ensure market makers use a standardised formula for calculating projection rates.Standard Life marketing manager Andrew Black says: &#34We would like the PIA to impose […]

In search of value? Banks and the sectors leading Europe’s recovery

By Rob Burnett, head of European equities, Neptune  After nine years of underperformance versus quality growth, Rob Burnett, manager of the Neptune European Opportunities Fund, believes that value strategies have reached an inflection point. Watch Rob discuss why he believes value is well positioned to resume its historical trend of outperformance. Click here to watch […]

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