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Govt faces calls to allow Lifetime Isa contributions from birth

A thinktank has proposed three ways to overhaul the Lifetime Isa including changing the age restrictions associated with the product. Through the research paper, liberal conservative thinktank Bright Blue, is calling on the Treasury, which is currently reviewing the Lifetime Isa, to change and make the product more simple. The Lifetime Isa hit the market […]

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Australian bank advisers dodge penalties despite charging dead clients

An inquiry into practices by advisers at some of Australia’s largest banks has stopped short of recomending any penalties, despite uncovering practices including levying charges for services on deceased clients. Investigations ealier this year criticised Australia’s banks for failing to uphold the quality of advice while making significant fees through advising on their own products. […]

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FCA adds find-an-adviser function to register

The FCA has added a function to its register where consumers can search for the closest financial adviser to them. The new function allows people to search for an adviser by entering a postcode. Unauthorised firms are flagged in red with an accompanying note saying: “We strongly suggest you avoid dealing with this firm”. Details […]

Healthcare regulation amalgamation predicted for Gulf states

While Dubai is leading the way in terms of legislating for expat healthcare in the Gulf, Qatar, Abu Dhabi and others are watching and learning – that’s according to Jelf International’s director of international services, Doug Rice. He believes the pace of change in the Gulf states will continue and that some level of unified healthcare system will be introduced across the region.

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