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IFAs used as ‘pawns’ in expat fraud

Five men have been jailed for an investment scam which defrauded 56 British expats of £1.93m. According to the Serious Fraud Office, it used overseas IFAs as “unwitting pawns” in the scheme.

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Swip launches multi optimal fund

Scottish Widows Investment Partnership has launched its multi-manager optimal multi-asset fund in the UK retail market to be run by Mark Harries and Simon Wood.

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Backing for ABI plan to raise the annuitisation age to 80

The Association of British Insurers’ proposal to increase the age of forced annuitisation to 80 has been warmly received by the industry. The ABI policy paper, entitled, Time For Change: Seven Proposals to Improve DC Pension Benefits, published this week, called for a number of changes to the way that DC pension income is taken […]

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