Chancellor George Osborne surprised the City today in his Autumn Statement by scrapping the stamp duty on Exchange Traded Funds - among a raft of measures to boost business and investment.
Morningstar UK, the investment research provider, has launched qualitative research and ratings for passive funds due to growing interest in these types of funds.
The Investment Management Association says its monthly investment statistics for October 2013 show that equity funds were the best selling funds for the seventh month in a row, underlying a shift by retail investors towards equities.
Distribution Technology (DT), a provider of Financial Planning and practice management technology, has announced a new integration with Cofunds, the investment platform.
Andy Bell, chief executive of investment platform and pension provider AJ Bell, has called on the Government to establish a fundamental review of pension rules.
The Treasury Committee, the parliamentary group of MPs which monitors financial regulation, has urged the Government to launch an independent review of the Money Advice Service (MAS) to decide whether it should be scrapped.
Hargreaves Lansdown, the Bristol-based investment provider and Financial Planning firm, says Chancellor George Osborne should use his autumn statement on Thursday to begin to tackle systemic failures in converting pension pots into retirement income.
Bristol-based investment provider Hargreaves Lansdown has warned that Scottish independence could increase the cost of financial services "leading to poorer returns for all."
Intermediary platform Ascentric - which is owned by Royal London - is to recruit a managing director as current MD Hugo Thorman moves up to become executive chairman.
The IFP will be hosting a live "Tweet Chat" tomorrow (Friday 29 November) from 1-2pm as part of Financial Planning Week 2013 and is inviting all planners to get involved.
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