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M&G finishes switch to Oeics

M&G is converting the last of its unit trusts to Oeics from June 24. The funds are the global managed fund, the managed fund and the managed growth fund. Customers voted overwhelmingly in favour of converting the funds to Oeics and M&G began the process of converting 39 funds last November.

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Raising Standards companies increase market share

The nine Raising Standards-accredited companies share of new business has risen 39 per cent compared to 33 per cent last year. According to the figures extracted from the ABI new business figures for Q1 2002, that figure rises to 41 per cent for the eight companies that distribute through IFAs. The ABI says that CIS, […]

Ring the changes

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Own goal for the CA

Amid World Cup fever, the flow of Colemanballs from Motty and co has truly gathered pace. But even David Coleman himself could not match the race to coin new phrases to describe those individuals who are said to be excluded from making financial provision by the cost of the product and/or the cost of advice.Financially […]

IFAs urged to link with accountants to boost business

IFAs could boost their turnover by filling in gaps left by accountants, according to research by small business advice portal Clearlybusiness.The research shows that three-quarters of small businesses use accountants and, of those, 88 per cent use them for their annual accounts and 72 per cent for help with income and corporation tax returns.But only […]

Time to stop the salami slicing on tax relief

Steve Webb  – Director of Policy and External Communications As the Autumn Statement approaches, Steve Webb calls for the Government to stop tinkering with tax relief. Twice a year, in the run-up to the Spring Budget and the Autumn Statement, we face a torrent of speculation as to what changes the Chancellor might make to […]

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