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Only two left in Pada tender

The Personal Accounts Delivery Authority has confirmed that Logica UK has withdrawn from the bidding process to administer personal accounts, leaving only two bidders, Tata Consultancy Services and a team including Great West Retirement Services and Canada Life. Danish admin firm ATP withdrew in October.



Fidelity Intl calls for full platform transparency

Fidelity International says platforms using guided architecture or packaged fund lists should have to disclose all commercial considerations involved in the providers being included. UK retail sales head Peter Hicks warns that if this data is not available then advisers are “left in the dark”. He says: “It is all very well saying this is […]


ArgosCompare, friend or foe?

So Argos is comparing the market, with supposedly links to thousands of brokers. Does this mean the applicant will be forced into completing the application form using a tiny little pen? Will people have to press a few buttons, just to see if Woolwich have any mortgages in stock? Then once your application has gone […]

Global equities: time to de-risk?

While equity valuations have doubled since the financial crisis, Simon Edelsten explains that there are still pockets of value. But not where you might think Macro-economic uncertainty is causing turbulence in equity markets. Artemis Global Select Fund manager Simon Edelsten says his investment themes are taking him in a different direction to some of his peers – away […]


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