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The Financial Services Compensation Scheme (FSCS) has compensated 530 members of the Millom and District Credit Union following its collapse last week.
The Financial Services Compensation Scheme (FSCS) has detailed how it plans to distribute recoveries it anticipates to receive from Lifemark SA, a bond provider whose products were marketed in the UK by collapsed firm Keydata, with investment advisers in line for a rebate.
A failure by HM Revenue & Customs (HMRC) to reduce errors and fraud in the tax credit system has "cost the taxpayer dear", a group of MPs said, after the tax authority admitted it would miss its target by £5bn.
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Steve Bloor, of Open Resolution, says the Financial Ombudsman is a key defence against unscrupulous banks.
Investors want to know the one thing you can’t reliably tell them – what return will they get?
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New look Professional Adviser
The magazine is heavily focused on our Better Business section, which supports advisers in the run-up to RDR and beyond, and Investment.
Advisers can claim unstructured CPD for reading the magazine and we have also started a new series of articles providing structured CPD points.
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Nicolas Trindade, Fund Manager of the AXA Sterling Credit Short Duration Bond Fund discusses his investment approach and how the Fund aims to provide investors protection against downside risk.
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