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Old Mutual’s Ventre: Why past performance means nothing

30 September 2014 4:40 pm

Yesterday’s winners are inevitably dragged down by their own success, Old Mutual Global Investors multi-manager head John Ventre says.

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UK GDP grew by 0.9% in Q2

30 September 2014 2:22 pm

The figure for the second quarter marks the fastest growth seen in the last nine months and is also 3.2 per cent higher than the same quarter in 2013.

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NatWest Intermediary Solutions latest lender to increase proc fees

30 September 2014 2:12 pm

Lender to increase proc fees by 3 basis points for DA firms, and 5 basis points for ARs.

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Adviser summoned to Crown Court over £1m investment fraud

30 September 2014 1:38 pm

John Field, 77, is alleged to have fraudulently obtained more than £1m from 33 investors over a 9-year period.

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Rory Powe handed £64m GLG Continental Europe fund

30 September 2014 12:35 pm

Former head of European equities at Invesco is handed £64m GLG Continental Europe fund.

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State Street cuts fees on passive range

30 September 2014 12:23 pm

State Street says the cuts have an average drop of 20 per cent.

Wonga

Wonga profits slump by 53% in 2013

30 September 2014 12:12 pm

The firm has been hit by £18.8m worth of “remediation costs” following a legal letter scandal.

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Citizens Advice: Payday lenders still 'falling short on responsible lending'

30 September 2014 12:00 pm

Survey shows just a quarter of struggling borrowers feel their lender has treated them sympathetically.

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FSCS declares seven investment and pensions firms in default

30 September 2014 11:33 am

Investment and pension firms among 14 businesses declared in default. 

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Latest Opinion

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Scott Gallacher: It's not profitable to just serve Joe Public

30 September 2014 8:00 am

For some advisers, auto-enrolment is a double-edged sword.

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Simon Murphy: The critical issues for UK equities after interest rate rises

29 September 2014 2:00 pm

Is it the beginning of the end of what has been good equities rally, or will patience be rewarded?

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Tim Page: Kafka, MAS and anti-adviser outbursts

29 September 2014 1:48 pm

The recent comments made by Sue Lewis and Caroline Rookes of the Money Advice Service will only hurt consumer interests.

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