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Tenet pulls out of Burns-Anderson takeover talks

Tenet has pulled out of negotiations for the take-over of IFA network Burns-Anderson.

In an announcement to the stockmarket Burns-Anderson said negotiations had progressed significantly but Tenet had said it was unable to confirm when a formal offer could be made for internal reasons.


Pension panacea?

There is a growing belief that Britain&#39s pension crisis could be solved in the workplace. If this is true, then it is not only good news for society generally but it also presents a fantastic opportunity for financial advisers. The view is evolving that people could be encouraged to think more about their finances while […]

Only a quarter of IFAs concerned over ombudsman&#39s £360 case fee

IFAs do not see the cost of the Financial Ombudsman Service&#39s £360 case fee as a significant problem for their businesses, according to the Fair Deal for IFAs survey. The positive reaction may stem from recent indications that the FOS plans to scrap the fee for the first two complaints against an IFA in a […]

Miles report to be published Tuesday

Professor David Miles&#39 report on the mortgage market will be published on Tuesday, the day before the pre-Budget report. The report is expected to say that there is no quick fix to increase the uptake of long term fixed rate mortgages in the UK. It is also expected to criticise the lack of competition in […]

Dampier says IFAs slow to respond to downturn

Hargreaves Lansdown head of research Mark Dampier has warned that IFAs can take years to react to downturns in fund managers&#39 performance, in response to Fidelity&#39s suggestion that industry commentators are not representative of advisers&#39 views. In a letter to Money Marketing, Dampier says that he has repeatedly seen IFAs take as long as three […]


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