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Capita has told shareholders it plans to sell off its Sipp administration business due to losses.

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Russell Investments is to acquire On-line Partnership Group - the holding company of IFA networks IN Partnership and Whitechurch - as part of a drive into the adviser market.

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Aberdeen Asset Management has formed a "strategic relationship" with Lloyds Banking Group and, as part of the deal, will acquire Scottish Widows Investment Partnership for approximately £650m.

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The Financial Ombudsman Service announced today that after almost four years with the ombudsman service Natalie Ceeney is stepping down as Chief Ombudsman.

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Reading-based Distribution Technolgoy (DT), a provider of Financial Planning and practice management technology, says its newly-launched Dynamic Planner Intelligence report shows that planners' clients have become more risk averse in the past six months.

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Charles Stanley has acquired investment and wealth manager Evercore Pan Asset for an undisclosed initial cash sum and is likely to make significant cost savings by merging the companies.

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The Association of British Insurers has today launched what it says is its first comprehensive review of the UK's retirement needs.

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The Financial Planning Standards Board (FPSB), the global non-profit standards-setting body for the profession, has released a statement followng its conference held in Sydney recently reaffirming members' commitment to its vision of Financial Planning as a distinct global profession.

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The Institute of Financial Planning has announced that Sam Rees-Adams will be joining the IFP team from this week in a newly created, full-time post of professional standards director.

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Standard Life has announced a review of its FundZone and Sigma fund supermarkets. It says this is in response to adviser demand for easier access to wrap capabilities.

Subcategories

IFP Member News Article Count:  376

Features Article Count:  51

Insight & Analysis Article Count:  155

Comment Article Count:  434

Sponsored Content Article Count:  4

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