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Chase de Vere profits hit by acquisition

National IFA Chase de Vere has a posted a fall in profits of 1.6 per cent for the year ending 31 December 2017. According to its results statement, pre-tax profits fell from £5.77m in 2016 to £5.68m. The firm says the drop in profits was due to costs associated with the purchase of Medical Money […]

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Savers wary of Brexit impact on pensions

Nearly half of savers believe Brexit is bad news for their pension pot, according to Aegon research. Findings from the Aegon Retirement Confidence Survey show 42 per cent of those polled think the value of their pension fund will fall as a result of Brexit. Of the 964 people surveyed, just 5 per cent think Brexit […]

FCA consults further on pension transfer advice

Robin Nimmo, Strategic Insight Manager at Royal London, considers the latest FCA consultation paper on pension transfer advice. On Monday 26 March the FCA published CP18/7, a further consultation on improving the quality of pension transfer advice, alongside its much awaited response PS18/6 to the previous consultation Advising on Pension Transfers. Let’s look at what is contained in this latest […]

Brexit Commentary from Natixis Global Asset Management

By David F Lafferty, CFA, SVP – Chief Market Strategist Thursday’s historic Leave vote in the UK will have both immediate and long-term consequences for the global economy and financial markets. The initial flight-to-quality reaction across asset classes has been exacerbated by the market’s misplaced confidence in a Remain victory leading up to the vote. Stock markets […]

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