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Standard & Poor&#39s Micropal Top 10s

Lazard European smaller companies is a new entry to the top 10 unit trusts, returning 20.41 per cent over the past year. The fund is head and shoulders above its sector peers over the year, with a return more than 40 per cent greater than the second-placed fund run by Colonial First State Investments. European smaller companies has been one of the worst-performing sectors over the year, with an average return of -30.4 per cent. The average annual unit trust return across all sectors fell further this week to -13.25 per cent.

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IFAs protest while ICS and Towry make deal on law split

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Three firms suspended over PI cover

The PIA has suspended three IFA firms for failing to renew their PI insurance cover. Blenheim Financial Services of Church Farm, Coates, Cirencester, Gloucestershire; Fernside Financial Services of Feltham Road, Ashford, Middlesex and R&W Financial Services of Main Street, Shildon, County Durham have had investment business suspended pending their renewal of PI cover.

Skandia, Hargreaves Lansdown take stake in EMX

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The FSA is the CA&#39s army, storms Francis

ABI director general Mary Francis has attacked the FSA, likening it to a provisional wing of the Consumers&#39 Association, saying it does little to recognise the efforts made by the industry to improve consumer confidence.Francis&#39 onslaught follows her outspoken attack on the Treasury last year saying it should remember the Millen-nium Dome and leave the […]

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