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Witan register

Witan would like to clarify that trust busters Laxey Partners is not on its shareholder register. Witan is continuing its sharebuyback programme as part of its commitment to managing its discount, which analysts say should deter abitrageurs.

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‘Share risks and help protect the future of final-salary schemes’

Actuaries are urging employers and trustees to move to risk-sharing schemes to stave off a second wave of final-salary scheme closures to future service accrual.Speaking at the National Association of Pensions Funds Conference in Manchester last week, two senior actuaries warned of the likelihood of further final-salary scheme closures despite recent reductions in scheme deficits.Association […]

Taken off the menu

The FSA has finally come out and admitted defeat, sounding the death knell for that onerous and, according to some advisers who have been in contact with Money Marketing, “pointless” document.

Review set to split advisers in segments

The retail distribution review is likely to call for a clear graded segmentation of advice from financial planner through to transactional-based advisers and down to a simplified advice service, according to the FSA.Speaking last week at a conference on the future of UK regulation conference, FSA director of retail policy Dan Waters said the RDR […]

'Feeling the Squeeze'

Royal London carried out a UK wide survey with 2,500 consumers age 35-44 over the summer. The survey found that over a third, 34 per cent, said their finances felt Squeezed and so were struggling to meet day-to-day expenses, despite 87 per cent being aware that they need to save more. However, the survey did […]

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