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  • FCA gives firms a year for certification tests under SM&CR - The Financial Conduct Authority (FCA) has confirmed that while businesses will have to identify certified staff from day one under the Senior Managers & Certification Regime (SM&CR), they will have a year to complete fitness and propriety assessments. The regulator unveiled its original proposals for the extension of the Senior...
  • Fidelity's Stupnytska: There will be no 'beautiful normalisation' in 2018 - Anna Stupnytska of Fidelity International Global growth is showing signs of a potential re-acceleration and macroeconomic indicators point to no immediate cause for concern, writes Anna Stupnytska, global economist at Fidelity International. However, with a number of risks on the horizon, and difficulties in gauging the degree of a China...
  • Aviva Investors abandons IPO plans for Secure Income REIT - Aviva Investors has decided not to proceed with the launch of its Secure Income REIT due to insufficient demand at the current time. The group was aiming to raise as much as £200m for the REIT via an IPO, in addition to a cornerstone investment of up to 25% from the...
  • How Home-Based Business Entrepreneurs Think - How Home-Based Business Entrepreneurs Think A lot of individuals are aiming to begin their home based business with a common worker’s mindset. This has actually ended up being a typical reason that not long after taking a seat and providing it a reasonable check out even the most rewarding company...
  • The small jeans firm with a big ambition - With a workforce of just 15 people, the Hiut Denim Company now sells its jeans around the world from its small factory in rural Wales. The company was set up five years ago to make luxury jeans, and return denim-making to a small town that previously made the trousers for...
  • My close escape from £10,000 bank scam - Barry Fox, 72, says he had “a close shave” with scammers when trying to buy a Rolls Royce on eBay. Source link
  • AIC: Trust managers highlight their biggest concerns for 2018 - Europe and emerging markets are favourite regions for next year according to the fund manager survey by the AIC According to the 2017 fund manager poll by the Association of Investment Companies (AIC), investment trust managers are generally positive about the outlook for equities in 2018, particularly in Europe and...
  • How inflation is hitting Britain's bakers - Bakery owner John Foster explains how the rising price of imports is affecting his business. Source link
  • Schroders and DT launch five co-branded risk-targeted funds - Schroders and DT launch five co-branded risk-targeted funds Schroders has launched five risk-targeted funds, in partnership with Distribution Technology (DT), using its Dynamic Planner risk profiling software. The Schroder Dynamic Planner Portfolios have been designed to enable advisers who use risk profiling tool Dynamic Planner to pick investments which closely...
  • Artemis hires Polar Capital partner to replace Gosden on income team - Andy Marsh joins after 11 years with Polar Capital Artemis Investment Management has added to its UK equity income team with the hire of Polar Capital partner Andy Marsh as a fund manager to work alongside Adrian Frost and Nick Shenton. Marsh’s appointment follows the 2016 departure of Adrian Gosden,...
  • Jupiter's Bonham Carter: Inflation needs to behave - Edward Bonham Carter is vice-chairman of Jupiter AM Edward Bonham Carter, vice-chairman of Jupiter Asset Management, has said the outlook for inflation will be a key concern going into next year, as there is a “question mark over how long wage growth can remain subdued” in some developed markets. In...
  • Distributors warn asset managers' MiFID II data delays puts fund sales at risk - Under MiFID II asset managers must provide new data on fund costs and “target market” information Asset managers are at risk of seeing significant business losses as a result of delays in their delivery of new data to distributors, as is required from them under impending MiFID II rules, which...
  • Christmas pinch: Inflation nears six-year high to reach 3.1% in November - UK inflation figures for October Inflation rose to 3.1% in November, according to the Office for National Statistics, beating previous estimates that it would hold steady at 3%. Figures from the ONS released this morning said the 12-month UK Consumer Prices Index (CPI) reached 3.1% in November, the highest level...
  • Inflation climbs to 3.1% in November; highest level in five years - UK inflation figures for October Inflation rose to 3.1% in November, according to the Office for National Statistics, beating previous estimates that it would hold steady at 3% . Figures from the ONS released this morning said the 12-month UK Consumer Prices Index (CPI) reached 3.1% in November, the highest...
  • Six guilty in £2.7m boiler room scams - All defendants are due to be sentenced at Southwark Crown Court at a later date when confiscation proceedings will also follow Six people have been found guilty for their role in a series of boiler room scams, which led to losses of £2.7m for investors, according to the Financial Conduct...
  • Job prospects 'will improve' under new economic action plan - A new economic action plan for Wales over the next decade has been unveiled. It includes simplifying financial support for business, a reduced number of priority sectors and a regional approach to economic development. But firms wanting grants will have to commit to reducing their carbon footprint and prove they...
  • Benefits of a Whole Life Insurance Policy - Benefits of a Whole Life Insurance Policy To start with, you have to comprehend that life insurance coverage falls under 2 extremely broad classifications: Whole and term. The fundamental distinction in between term and entire life insurance coverage is this: A term policy is life protection just. In entire life...
  • Helping poorer Kenyans pay for healthcare - Paying for healthcare in Kenya has got easier thanks to M-Tiba, a mobile “electronic health wallet”. Source link
  • UK inventors claim funding rules hold them back - Garden shed inventors talk about the challenges they face to get government funding for their ideas. Source link
  • MiFID II and GDPR cause advisers biggest headaches in 2017 - Cutting through MiFID II and General Data Protection Regulation (GDPR) red tape have been the two biggest challenges for advice businesses to get to grips with in 2017, according to Intelliflo. The back-office provider polled 301 of its Intelligent Office (iO) users, who said the EU legislation Markets in Financial...