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Pension freedoms drive LEBC profit surge

LEBC has seen pre-tax profits climb 64 per cent for the year ending 30 September 2015 as the introduction of pension freedom boosted revenues. The advice firm recorded a pre-tax profit of £1.8m, up from last year’s equivalent of £1.1m. Turnover increased 21 per cent, from £12.4m to £15m, while cost of sales also rose […]

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Malcolm Murray: Building an independent advice legacy

IFAs and financial planners are growing increasingly confident in the demand for their services, and that confidence is well founded. Having learned to live on a recurring income they know that, after the initial pain, this provides a more secure basis on which to build their business. Most importantly it is the only way in […]

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Mervyn King: Get ready for another financial crisis

Former Bank of England governor Mervyn King warns the world is on the brink of another financial crash because regulators did not properly handle the last crisis. The Telegraph reports that King says since the last crash bankers and regulators have “colluded in a self-defeating spiral of complexity” despite governments and regulators being very active. […]

Europe’s resurgence: The political and economic drivers

Watch Rob Burnett, manager of the Neptune European Opportunities fund, discuss the political and economic factors driving European equities today. With potentially tighter monetary policy on the horizon and record valuations for defensive stocks, Rob believes that there is an asymmetric opportunity to the upside for value strategies. In the video, Rob discusses: The impact […]

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