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‘Vultures are circling’ as Standard Life eyes Elevate deal

Advisers will face uncertainty and the prospect of being targeted by rivals if Standard Life completes a mammoth takeover of Axa Wealth’s platform Elevate. Last week, Bloomberg reported Standard Life was in high level talks to acquire the French insurer’s platform after Money Marketing revealed in September Axa Wealth was up for sale. Standard Life […]

Tom Tugendhat
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Conservative MP lobbies FCA on fee transparency

Conservative MP Tom Tugendhat has met with the FCA to discuss fee transparency in the asset management industry and will also be meeting with City minister Harriet Baldwin. He says: “This is not going away. You don’t need to look too far to see everything is more open, from hotels and restaurants to indeed political expenses.” […]

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FCA under fire over lack of transparency following opaque reports

The FCA is under fire after a series of publications perceived as lightweight has left the industry guessing what action has been taken behind the scenes. Following its report on due diligence report in February, commentators expressed surprise at the brevity of the six-page document and called for the regulator to be clearer about the consequences for […]

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