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Sanlam pulls out of deal to buy stake in Caerus

Sanlam has backed out of plans to acquire a 19.9 per cent stake in Caerus almost a year after the deal was originally agreed, Money Marketing can reveal The South African firm agreed to take a stake in Caerus in June last year, with the deal including a timeline for Sanlam to acquire the advice […]

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Tech provider Bravura up for sale

Technology provider Bravura has been put up for sale, Money Marketing understands. It is understood an information memorandum has been circulated seeking potential buyers for the business. It remains unclear at this stage what the asking price would be or who might be interested in acquiring the firm. A Bravura spokesman says: “Bravura is a […]

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Govt rejected radical FAMR finance dashboard proposal

The Government rejected a recommendation from an expert panel to assemble a more comprehensive finance dashboard as part of the Financial Advice Market Review. Speaking at an Aviva roundtable debate this week, Defaqto insight consultant Gill Cardy, who sat on the FAMR panel chaired by Scottish Widows chairman Nick Prettejohn, said the proposal was markedly broader […]

Pensions wise

Royal London calls for guidance for Lifetime Isa savers

Royal London has called on the Government to offer impartial guidance for savers who want to put money into Lifetime Isas. In its submission to the Work and Pensions Committee’s inquiry on automatic enrolment, the firm argues savers should have access to guidance before making choices about workplace pensions and Lifetime Isa. Royal London says […]

Great expectations for Japan

By James Dowey, Chief Economist and CIO Turnaround stories are an investor’s best friend. If successful, they prompt a widespread and possibly radical re-evaluation of the fair value of the associated assets. If one is brave enough to re-evaluate early on in the process then the returns can be very large. For over two decades […]

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