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Chancellor considers scrapping Autumn Statement

Chancellor Philip Hammond is considering dropping the annual Autumn Statement to focus on the Budget and move away from “gimmicks”. The Financial Times reports while Hammond will be delivering the Autumn Statement as planned on 23 November, the Chancellor is said to have told colleagues he wants to move away from gimmicks and micromanagement and […]

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Walking a fine line: Advisers wait for FCA answers on suitability

Advisers want more clarity from the FCA on what it expects from suitability reports ahead of the results from the regulator’s wide-ranging review of advice and product recommendations. They are also calling for greater collaboration between the FCA and the Financial Ombudsman Service to make sure they interpret suitability reports in a similar way. Sorting […]

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RBS to pay back SME customers £400m

Royal Bank of Scotland is to introduce a new complaints process and refund fees to business customers in its former Global Restructuring Group in a programme that is expected to cost the bank £400m. The £400m covers operational costs, the refund of complex fees and redress costs from the new complaints process. The automatic refund […]

Rayner Spencer Mills: Why we rate the Artemis US Select Fund

Ken Rayner and Graham O¹Neill from RSM explain why they rate the fund, its investment process and how it can be used in a portfolio The Artemis US Select Fund became a RSM ‘rated’ fund earlier this year. In this video, Ken Rayner and Graham O’Neill explain the fund’s investment approach, why they rate it, […]

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