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Money Marketing/YouGov monthly 250-IFA benchmark survey

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Myners: Govt policy forcing MPC to take inflation risks

The Monetary Policy Committee has been forced to take risks on inflation because of the Government’s fiscal policy, Lord Myners has claimed. Speaking in the House of Lords on Monday, ex-City minister and Labour peer Lord Myners said the recent GDP figures which showed the economy contracted by 0.5 per cent was a sign the […]

Bolton: Investors right to be concerned on China’s medium-term future

Investors are right to be concerned about China’s medium-term future, according to Anthony Bolton, the manager of the Fidelity China Special Situations trust. Bolton says he does not want to belittle investors’ concerns about the country’s one-child policy and the low number of young people growing up to support the economy. According to Bolton, the […]

Pay costs mount for fund managers, says PwC

Asset management firms are reporting pressure to increase their bonus and salary figures to avoid mass talent migration, according to research by PricewaterhouseCoopers. As a percentage of net revenues, compensation costs have increased by 4 per cent over the last financial year. Despite 63 per cent of those polled experiencing a fall in profits over […]

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Urgent FSCS reform must be made a priority

As the anger continues over another huge Financial Services Compensation Scheme interim levy the regulatory authorities fail to prioritise the need for reform. For the second year many small IFA firms are facing huge levy payments, in some cases wiping out significant amounts of profit. Firms already dealing with the demands of increasing qualification levels, […]

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