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FAMR wants pension dashboard by 2019

The Treasury must lead the drive towards a pension dashboard by a 2019 deadline, the Financial Advice Market Review says. The FAMR, published today by the FCA and the Treasury, says the Treasury should challenge the industry to make a pensions dashboard available to consumers within three years. The move follows comments from pensions minister […]

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Nic Cicutti: My fury at industry over closed-book pensions rip-off

If you were to ask regular readers of Money Marketing to describe the underlying tone of this column in a single word, my best guess is the term most would use is “rant”. “Rant” is defined in dictionaries as “to speak or shout at length in an angry, impassioned way”. So I can kind of […]

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Tavistock swoops for advice firm in £5m deal

Tavistock Investments has acquired advice firm Abacus Associates Financial Services for £5.2m. Abacus operates through 45 mainly self-employed advisers working across the north east, Midlands and the south west. The advice firm made pre-tax profits of £781,000 in the end year ended 31 January 2016 and has has around £650m of assets under influence. The […]

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Providers back FCA action over flawed retirement defaults

Providers are backing calls for the FCA and the Government to give firms safe harbour to move customers out of legacy products with out-of-date default investment strategies. A report published by Standard Life’s independent governance committee earlier this week revealed the insurer wants to move customers out of historical default strategies but is being prevented […]

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Responsibility Matters

Read the latest issue Responsibility Matters, our quarterly newsletter update from our responsible investing team. This issue includes a focus on sustainable development goals, the effectiveness of some long-term incentive plans and how green bonds are still the tip of the iceberg. Read the article here Past performance is not a guide to future performance. […]

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