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Standard strength rating downgraded

Standard Life’s financial strength rating has been downgraded from A+ negative outlook to A stable by Standard & Poor’s.

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Workers may strike over retirement age

Unions representing 1.5m local council workers are to ballot for strike action over plans to raise their retirement age from 60 to 65. These workers were excluded from DTI secretary Alan Johnsons deal with other public sector workers and instead have to negotiate with the Office of the Deputy Prime Minister.

Panel beaters

Consultancy Impact Plus has called for much greater transparency for multi-tie deals to clear up consumer confusion.

Hit the road, Jack

I believe that we are at a crossroads in the IFA world, as we may well see some sensible changes in how the Financial Ombudsman Scheme charges, with no fee until the second or third complaint.

IFAP produces consumer guides to key facts

IFA Promotion is issuing a factsheet through its website explaining key facts disclosure documents to consumers.The sheet explains how consumers can use the mandatory information covered in the two documents – About our Services and About the cost of our services. It clarifies the status of financial advisers and looks at how consumers can use […]

Dividend slump? Not if you look globally

By George Boyd-Bowman, Manager of the Neptune Global Income Fund Recent research has indicated that global dividend growth will slump by as much as 50 per cent in 2016. As collapsing commodities hit high-profile dividend payers, George Boyd-Bowman explains why the US and Japan are his top picks for income growth in 2016. Click here […]

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