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IFAs oppose Fisher in summit role

MoneyMarketing.co.uk straw poll result: Is Andrew Fisher the right man to lead the Personal Finance Society’s Leaders Summit Group? No: 71 per cent. Yes: 29 per cent.

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Threadneedle acquires Invesco Perpetual’s £470m DC pension business

Threadneedle has signed an agreement with Invesco Perpetual to acquire its full service defined contribution pension business with total assets of £470m. Threadneedle first launched its DC product in 2001 and manages pension funds for over 100 clients with total assets of around £1.3 billion. Threadneedle says it intends to grow its DC business and […]

Inaccuracies over FSCS powers

The letter in Money Marketing, headlined, Keep your nerve over claims, was an inaccurate account of the Financial Services Compensation Scheme’s powers and practices.

Widows’ clients hit by glitch

Scottish Widows has apologised to 7,000 personal pension customers after mistakenly sending out letters telling them that their monthly contributions would be increasing.In one case, an adviser says his client got a letter saying his monthly pension contribution would be doubling from £150 to £300, although neither the client not the adviser had requested this.Widows […]

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