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Aviva Investors to reopen £1.5bn property trust

Aviva Investors is to reopen its property trust five months after trading was suspended in the fallout from the Brexit vote. The only property trust to remain closed following the raft of suspensions earlier this year as spooked investors rushed to the exit, dealing in the £1.5bn Aviva Investors Property Trust will resume on 15 […]

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Advice definition is a ‘nightmare’ to solve says FAMR group member

Working out new terms to describe advice and guidance is proving a “nightmare”, a member of the Financial Advice Working Group says. Speaking as part of a Money Marketing Wired debate about the Financial Advice Market Review, Old Mutual Wealth chief distribution officer Richard Freeman says creating a shortlist of terms to help customers tell the difference between […]

European Parliament vote seals Priips delay

The European Parliament has agreed to the EU’s Priips legislation by siding with the European Council’s decision to hold fire on the regulations. MEPs approved the delay with 561 votes in favour to 9 against and 75 abstentions. The vote approves the so-called silence procedure the Council agreed to after the European Commission, the EU’s executive body, […]

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Advice demand for long-term care on the rise, study suggests

Advisers are set to pick up more work planning for long term care needs, a new survey by Just Retirement Partnership suggests. While two thirds of over-45s believe they may be forced to sell their home to pay for care, only 6 per cent have included care costs in their financial planning. 53 per cent […]

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Trust me, I’m a provider

By Craig Paterson, Underwriting and Claims Philosophy Manager, Royal London Hard-hitting headlines “Dying mother of two is refused life insurance payout.”1 “What a way to treat a dying man: Grandfather refused life insurance claim.”2 “A widow betrayed by a life insurance company.”3 With headlines like these, it’s no wonder some consumers don’t trust providers. Trust […]

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