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De Dominicis named GBST chief exec

GBST has appointed Robert De Dominicis as managing director and chief executive. De Dominicis, who was previously interim chief executive, takes on the role on a permanent basis with immediate effect. GBST chairman Dr John Puttick has also announced his retirement from the board of the company he founded in 1983. Puttick says: “Under Robert’s […]

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Santander and Virgin eye £2bn Williams & Glyn

Santander UK and Virgin Money are preparing to bid for Williams & Glyn, the bank due to be spun out of Royal Bank of Scotland. Sky News reports the two banks are the organisations mentioned in a statement issued today that referred to a “number of informal approaches” for its Williams & Glyn business. The […]

Advice advisers eraser
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Long-stop would have barred just nine complaints last year

A long-stop on advice complaints would have affected just nine cases handled by the Financial Ombudsman Service last year, Money Marketing can reveal. The Government is consulting over a potential limit to advisers’ liabilities where advice was given more than fifteen years ago. However, a Freedom of Information request by Money Marketing reveals there were […]

James Jones-Tinsley: Govt Finance Act delay is unacceptable

The Finance Act 2015-16 commenced its passage through Parliament back in July, shortly after the summer Budget. It contains legislation underpinning the contents of that first Conservative only Budget for 19 years, following their unanticipated victory in May’s general election. From a pensions perspective, the Act includes the tapering of the annual allowance for those […]

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