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LV= links with Cofunds on Sipp investments

LV= has linked with Cofunds to allow investors in its Sipp to access investments through the platform.

Advisers with clients in the provider’s Flexible Transitions Account Sipp will be able to manage their assets online using the platform.

The link-up will allow investors to access around 1,500 funds from over 90 fund groups through Cofunds.


Skandia to axe 86 jobs from Southampton operations

Skandia UK is cutting 86 jobs from its operations team, which serves the firm’s platform and life arms. The team has just over 900 people and is responsible for processing new business valuations and other administration duties. The jobs are all based in the Southampton office, where Skandia has 1,600 staff. Skandia is currently going […]

‘The issue of simplified advice is bigger than FSA regulation’

Lansons says the industry should have engaged with the Government on simplified advice rather than the FSA and insists it is not too late to have simplified advice considered under the draft Financial Services Bill. Lansons public affairs and regulatory consulting director Richard Hobbs says simplified advice was never viable under the current regulatory framework […]


Labour: ABI warns new regulations could restrict advice

Association of British Insurers director general Otto Thoreson has warned the Financial Conduct Authority’s regulatory agenda could end up restricting access to advice. Under the draft Financial Services Bill, the FCA will have a primary objective to protect and enhance confidence in the financial system, with secondary objectives of providing an “appropriate degree” of consumer […]

Fidelity to launch global income fund for Roberts

Fidelity has confirmed plans to launch a global equity income fund for Dan Roberts, following his shock departure from Eden, reports Rob Langston. Roberts will join Fidelity as a global equity income portfolio manager on November 14. A spokeswoman says: “In the current environment equity income has attractive characteristics and it is also a major […]


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