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Retail sales boost profits at F&C

F&C Asset Management has reported profits of 7.9m boosted by a 23 per cent increase in retail sales compared with the same period last year.

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Despite recent volatility in the financial markets, many experts stand firm in the belief that there is no need to panic and that the markets could yet provide rich pickings for investors Sarah Coles reports

IFAs concerned over pseudo-Sipps

IFAs are calling for Sipp providers to be more clearly defined as concerns mount that many personal pensions are masquerading as Sipps to cash in on investor interest.IFG Group financial planning strategist Donna Bradshaw says advisers are increasingly having to differentiate “pseudo” Sipp providers from products that are just personal pensions with high charges.She says […]

ABI to launch new climate change initiative

The Association of British Insurers will launch a new industry climate change initiative at its third climate change conference, to be held on September 13.The conference will focus on how climate change is affecting weather patterns and increasing costs to insurers, in light of the recent floods which set insurers back more than £3bn.The ABI […]

India budget: BJP focuses on growth

By Kunal Desai, Head of Indian Equities

With markets kept open on Saturday, finance minister Arun Jaitley delivered a promising budget focused on growth and decentralisation. While many complained about a six-day working week, there was much to be pleased about and the markets rallied in the afternoon to finish in the green.

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