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Regulators rubber-stamp Just Retirement/Partnership merger

The merger of annuity providers Just Retirement and Partnership has been approved by the FCA and the PRA. The two firms, which were both hammered by Chancellor George Osborne’s pension freedoms reforms, announced plans to merge in August last year, with the Competition and Markets Authority backing the deal in October. And in a stock […]

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One-in-three advice firms planning expansion

Almost one-in-three advice businesses are planning to recruit more advisers over the next twelve months, according to a survey by the FCA. The survey, published in full next month, was revealed in the final report of the Financial Advice Market Review, which emerged yesterday. The FCA surveyed 233 firms between November and December last year, […]

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Phil Young: Taking the pain out of risk profiling

In 1971 two leading pain experts created what became known as the McGill Pain Questionnaire. The problem they addressed was that, while physicians could use all manner of instruments and their own senses to detect and diagnose most pathological conditions, they were reliant entirely upon the patient’s testimony when dealing with the most distressing symptom: […]

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Advertising watchdog denies conflict with Govt on ‘misleading’ MAS

The Advertising Standards Agency has denied that the Government declaring the Money Advice Service’s branding “misleading” conflicts with its own verdict on the service. A 2011 advertising campaign sparked 80 complaints to the ASA after the MAS advertised its services as “free, independent advice”. At the time, the ASA ruled customers would understand the campaign […]

CGT entrepreneurs' relief

Entrepreneurs’ relief is due, subject to meeting certain conditions, in respect of capital gains arising on ‘material disposals of business assets’. These ‘business assets’ include: Read more

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