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The LibDems in Birmingham: A conference in pictures

This week the Liberal Democrats met in Birmingham for their annual conference to digest where 500 days of coalition has left the party. In this photoblog, Money Marketing’s political reporter Steve Tolley takes a look at the fringe meetings, what late-night sing alongs say about Clegg’s relationship with his members, what Sven Goran-Eriksson has to say about the coalition and the bar prices that led Danny Alexander to joke that he cancelled Trident to pay for a couple of pints.

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Debt advice role for MAS may push levies up 61%

The Money Advice Service is to take over responsibility for the co-ordination of debt advice in a move that could see industry levies rise by as much as 61 per cent. The MAS has been asked to research and develop a delivery model for debt advice. Industry and debt advisers are due to be consulted […]


Lower sum assured could lift CI business

Direct Life & Pensions believes take-up of critical-illness cover could be boosted if advisers sold policies with smaller sums assured. Sales and marketing director Neil McCarthy said advisers should look at lower levels of cover that could be more relevant to the public. He said: “CI is seen as an expensive product and traditionally the […]

FSA concern at Euro schedule

FSA conduct business unit director of policy Sheila Nicoll has warned the European Commission that regulators are working to an “extraordinarily short” schedule to implement the “complex” alternative investment fund managers directive. The directive regulates the managers of private funds, not the funds themselves, and aims to improve investor protection. EU member states are expected […]

Adviser Fund Index

The differing fortunes of two of the funds in the FE Adviser Fund Index during recent turmoil threaten to reignite debate over the absolute return sector. During the August falls in equity markets, the BlackRock UK absolute return fund, co-managed by Mark Lyttleton and Nick Osborne, saw its performance drop by 3.33 per cent over […]


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