DeVere and Pacific AM team up for model portfolio launch
International advisory firm deVere Group has launched a model portfolio service (MPS) in association with Pacific Asset Management.
Author: Kirsten Hastings
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FCA to overhaul pension transfer advice rules
Advice on pension transfers is to be provided as a personal recommendation and transfer value analysis replaced with a comparison to show the value of the benefits being given up under plans announced by the FCA on Wednesday.
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IFAs favour Tory victory; fear election aftermath
Advisers favour a Conservative victory in the UK general election as nearly one in three say uncertainty over the result and its aftermath are a major concern for their business, research from MetLife shows.
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Celebrity film scheme to appeal £700m tax case decision
British investment advisory group Ingenious Media said it will appeal an August 2016 Tax Tribunal ruling on the status of its film production partnerships which date back as far as 2002 and involve many famous actors and footballers.
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Film scheme for the stars loses £700m tax avoidance case
A film scheme that counted David Beckham, Wayne Rooney and Gary Lineker among its investors has lost a court challenge to overturn a £700m ($899m, €802m) tax bill.
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Major tax changes to shake up UK advice market
UK chancellor Philip Hammond has put on hold some significant changes relating to IHT, deemed domicile rules, and life insurance policies due to the snap election in June, that will impact the advice market.
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FCA stops pension transfers from 16 advice firms
Sixteen UK firms agreed to stop any activities related to pension transfers in the 12 months to January 2017, the FCA has revealed.
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AJ Bell unveils holdings for multi-asset launches
AJ Bell’s first fund launch, a range of five diversified multi-asset funds that are risk-rated from cautious to adventurous, will start trading on 18 April 2017.
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Kames launches high yield global bond fund
Kames Capital is to launch a short-dated high yield bond fund aimed at providing attractive risk adjusted returns, while maintaining low interest rate and credit sensitivity.
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Sarah Lord to leave Killik & Co
Sarah Lord, one of the most highly qualified female financial planners in the UK, is to leave Killik Wealth Planning at the end of March.
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Surprise 25% Qrops charge rocks UK pension transfer market
The UK government’s shock decision to impose a 25% charge on transfers to foreign pension schemes announced in the Spring Budget could go as far as to “shut down” the Qrops market, according to industry observers.
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Axa IM launches fixed term European high yield bond fund
Axa Investment Managers has launched a fixed term bond fund that invests primarily in European corporate high yield debt securities.
