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Two thirds of 2021 retirees risk running out of cash
Two thirds (66%) of adults retiring in 2021 risk running out of money in retirement, according to a new study.
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FSCS declares 11 firms in default including pension advisers
The Financial Services Compensation Scheme (FSCS) declared 11 firms in default in March, including several wealth managers and a firm involved in BSPS transers.
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Mattioli buys Edinburgh wealth manager for £1.6m
Mattioli Woods, the wealth manager and SIPP provider, is on the acquisition trail again this week with a £1.6m deal to buy Edinburgh wealth manager and Financial Planner Caledonia Asset Management.
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FCA sorry for failings as LCF victims get £120m payback
The FCA has apologised for its handing of the collapse of London Capital & Finance (LCF) and the Connaught Income Fund Series 1 and has set out its approach to assessing related complaints.
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Carey owner delays results to assess Adams ruling
STM Group, the international financial services provider which owns Carey Pensions, has delayed its 2020 year end results following discussions with its auditors after the recent shock Adams v Carey court judgment.
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