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Industry facing £28m FSCS levy

The financial services industry will be asked to contribute £28.3m towards the Financial Services Compensation Scheme levy for 2008/09, down by £2.4m from original estimates.

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Professional bodies sign declaration on standards

Four professional bodies, including the Chartered Insurance Institute and the Institute of Financial Planning, have signed a joint declaration of principles setting out how they will supervise advisers in the future.

EC poised to give GPP auto-enrolment the go-ahead

The European Commission looks set to agree that employees can be auto-enrolled into group personal pensions when personal accounts are introduced in 2012. Money Marketing understands that the EC has already informally agreed that this can go ahead but that written confirmation is yet to be received by the Department for Work and Pensions. When […]

Neptune hires ex Barclays md Richard Green

Neptune Investment Management has appointed former Barclays UK managing director Richard Green to the role of corporate development director. Green will join the Neptune board as an executive director and have significant involvement in the day-to-day running of the business.Green was instrumental in setting up Barclays Private Bank and will continue as a member of […]

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