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Lipper acquires Fitzrovia International

Fund information providers Lipper has acquired research specialist firm Fitzrovia International for an undisclosed fee. Lipper, a wholly owned subsidiary of Reuters, bought Fitzrovia for its abilities in providing information on total expense ratio analysis for funds outside the US. The combined business will aim to provide clients with a global fund expense and data service in its software, datafeed and consulting products.

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First4Brokers acquires Mandeville Ltd

First4Brokers, the independent mortgage compliant network has completed its acquisition of Mandeville Ltd, the electronic business to business service. Mandeville provides insurance products and services to mortgage brokers and IFAs. First4Brokers will now be able to deliver a range of electronically delivered general insurance schemes to its full members and firms that are directly authorised […]

Networks with Part IV authorisation from the FSA

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Work on longer and die earlier

Figures showing that for each year worked after 55, workers lose two years of their possible lifespan will give the Government an uphill task to convince people to work longer. Data from the Boeing US pension scheme reveals workers who retired at 55 lived on average until 83. The reduction in lifespan for those who […]

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