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Nucleus signs up six more firms

Six more adviser firms have joined Nucleus, taking the number of firms with a stake in the platform to 34. More than 200 advisers now use Nucleus, with assets under control at about 8bn.

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Bank of England cuts rates to 5.25 per cent

The Bank of England has cut base rate to 5.25 per cent from 5.5 per cent today as was widely expected.The MPC judged that a reduction in rates by 0.25 per cent was necessary to meet the 2 per cent target for CPI inflation in the medium term.CPI inflation was at 2.1 per cent in […]

King to reign for further five years

Mervyn King has been reappointed as governor of the Bank of England for a second five-year term.He became governor in July 2003 after being deputy governor from 1998 to 2003.Chancellor Alistair Darling says: “Mervyn King has played a key role in delivering macroeconomic stability in the UK and his leadership and experience will continue to […]

Sesame survives the sell-off

Sesame will stay in the Friends Provident fold as it gives the insurer a good insight into the adviser market.As part of its strategic review, Friends is to sell high-net-worth IFA firm Pantheon but will keep Sesame. Friends bought the two firms last May, paying £75m for Sesame and £33m for Pantheon.The life office says […]

Certification guide

Guide: how to… certify your pension scheme

Certification is highly complex and surrounded by a minefield of information and auto-enrolment jargon, which can make it very difficult to understand. However, for many employers it is a necessary process that must be executed successfully.

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