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Retirement merger

Retirement Solutions and Annuities 4U have merged to form Retirement Solutions UK. The Cheshire-based IFA firm says the move will enable it to become a comprehensive resource and service provider.



L&G chief wants lenders to stop cutting proc fees

Legal & General mortgages director Ben Thompson has urged lenders to stop cutting procuration fees to avoid further damaging relations between product providers and intermediaries. Barclays, Lloyds Banking Group and The Mortgage Works made changes to their proc fees last month. Thompson says: “In 1995, when lenders starting paying these fees, they did so because […]

Gartmore brand to be dropped following Henderson deal

Henderson has confirmed that the Gartmore brand will be dropped at the conclusion of the £335m deal to acquire the troubled asset manager. Henderson announced the agreement to buy the asset manager this morning in a deal that would see the combined group hold assets under management of £78.1bn. When Henderson acquired New Star Asset […]

Out of context

“You’ll probably look at those photos and think ’God, that John Malone was a handsome chap back in the day’.”PMS executive chairman John Malone tells an MM hack how photogenic he was in his youth. “I’m not going to say now, yes we will be reasonable”FSA director of conduct Shiela Nicolls when asked about softening […]

Managing customers in drawdown

By Lorna Blyth, Investment Marketing Manager Delivering a decent drawdown review process takes time and resources. This article looks at how you can manage drawdown clients in a more cost-effective way. Most advisers are seeing an increase in drawdown clients following pension freedoms. Often these are clients with lower fund sizes, which means advisers are […]


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