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HSBC to launch mass market investment advice service

HSBC is preparing to launch an investment advice arm later this year for those with less than £50,000 to invest. It comes as Santander announced its return to the investment advice market earlier this month, and as raft of of banks are said to be eyeing the development of robo-advice services. An HSBC spokeswoman says: […]

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Precise Mortgages up for sale

Precise Mortgages is seeking a new backer to fuel its growth ambitions, Money Marketing sister-title Mortgage Strategy understands. The lender appointed Deloitte in the summer to alert potential buyers, although it is understood the information memorandum will be sent to firms in the coming days. The sale includes all companies under the Charter Court Financial […]

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David Cameron: We have no plans in event of Brexit

Prime Minister David Cameron says the Government has made no plans in the event that Britain votes to leave the European Union . Speaking on the BBC’s Andrew Marr show, Cameron said the Civil Service was not preparing for Britain leaving the EU after the in-out referendum. He added leaving the EU was “not the […]

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L&G staff vote for industrial action over Kingswood closure

Legal & General staff have voted for industrial action over the closure of the insurer’s flagship Kingwood office but have stopped short of supporting a strike. In a final ballot of members of the Unite union, 67 per cent of members voted in favour of industrial action short of a strike, which can include working […]

Treasury looks to address advice gap

By Jamie Clark, Business Development Manager, Royal London Hot on the heels of consultations on tax relief and pension transfers and early-exit charges comes a new investigation into the advice gap, and how this can be bridged. Ever since the new pensions freedoms were introduced, concerns have been raised about how people can get access […]

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