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...While the error was corrected on the day, a few days later the amount was withdrawn from both their accounts a second time....
...The group said this year that it made a £426mn provision for potential client refunds that resulted in a pre-tax loss of £4.5mn in 2023....
...Meanwhile, a non-performing loan is one where the loan is to a partner who has left the SJP partnership, or to a partner that management thinks is at significant risk of leaving and when an orderly settlement...
...Jupiter has lost a number of fund managers in the past year, including Richard Buxton who handed over the reins of the UK equities fund he managed after a near 40-year career in asset management....
...Edward Glyn, head of global markets at Calastone, said: “[There has been a] bull run in equity markets since the beginning of the year . . . investors see this as a significant opportunity to add to their...
...A former SJP adviser adds that many clients “knew they could get a cheaper car” but wanted what they saw as a Rolls-Royce....
...Sally Macdonald Stevington, Bedfordshire, UK...
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...As the election nears, Sinn Féin will also face more scrutiny on its tax plans, including a proposed wealth tax....
...Or is that a step too far perhaps? Sally YoungLondon W8, UK...
...This would ensure that a couple could pass on a farm or business worth £1mn, the IFS said....
...The Financial Conduct Authority said that if social media influencers promoted financial products or services without proper authorisation, they may be committing a criminal offence punishable by up to two...
...The group is split into an active asset management arm, a life insurance and pensions business and a financial advice business. M&G’s share price rose by about 2 per cent in morning trading....
..., partner at Elliott, in a statement....
...according to a survey from the Financial Conduct Authority....
...The emergence of Elliott as an investor comes a week after Scottish Mortgage announced a £1bn share buyback in a bid to support its own stock, which peaked in late 2021 before higher interest rates chilled...
...Martin Gilbert is banking on a market bounce to drive a recovery in his asset management business AssetCo after it reported a loss on the sale of an ETF provider to Cathie Wood’s Ark Invest....
...The pricing strategy has hit Tesla’s residual values, the projected value of a vehicle at the end of a lease and a key input into the cost of leasing....
...They stipulate that financial promotions must be communicated in a way that allows consumers to “make effective decisions”....
...The video showed her with a former Sinn Féin councillor convicted of facilitating a Dublin gangland murder. McDonald was unruffled....
...Investment manager M&G has reported a 28 per cent rise in profits for 2023, in the first annual results for chief executive Andrea Rossi, who has pledged to transform the company....
...“In uncertain times, cash is a buffer and a layer of protection,” says Benjamin Davis, chief executive of Octopus Investments....
...Tom Slater, the trust’s manager, said: “In a volatile period for growth investment, we own a portfolio of established companies achieving rapid expansion . . ....
...Abrdn told the Financial Times that the management team was “brought in to deliver a new strategy of creating a long-term, sustainable business model that could thrive against a backdrop of huge change in...
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