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IFP develops level six degree

The Institute of Financial Planning has developed a level six equivalent financial planning degree with Manchester Metropolitan University Business School.

The four-year financial services planning and management undergraduate course will run from September 2011 once it has been approved by the FSA.

It will be predominantly knowledge-based, though units will also cover financial planning soft skills.

Students will also have to complete a one-year work placement as part of the course.


Polar Capital set to acquire HIM Capital

Polar Capital Holdings is set to acquire specialist fund manager HIM Capital. The deal is expected to conclude before the end of this month and is designed to bolster Polar Capital’s franchise in the financials sector. HIM’s subsidiary, HIM Capital Limited, was previously called Hiscox Investment Management prior to the management buyout from Hiscox plc […]

Ignis wants plan B with return of QE

Further quantitative easing should be introduced as soon as possible to offset the fiscal tightening in the Government’s upcoming comprehensive spending review, according to Ignis Asset Management. Chief economist Stuart Thompson says the Bank of England stands between fiscal austerity and recession. He says: “It is time for plan B.” The bank last week held […]


Aifa could vote on restricted advice firms

Aifa says it will consider holding a member vote on whether to allow restricted advisers to join after the RDR deadline. An Aifa spokesman says a decision will need to be made about membership criteria for firms that decide to become restricted or offer a restricted service alongside independent advice. He says: “Any decision to […]

Woodford says prospect of a double dip is rising

Invesco Perpetual income guru Neil Woodford has warned that the chances of a double-dip recession in the UK are on the rise. He says the possibility of two quarters of negative GDP is directly linked to the increasing likelihood of more spending cuts and bigger budget deficits. He says house prices could drop significantly, claiming […]


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