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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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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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DB transfer values pick up in March
DB pension transfer values showed a recovery in March after dipping in February, according to the monthly XPS Transfer Watch.
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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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Mattioli Woods buys Financial Planner firm for £7m
SIPP provider and wealth manager Mattioli Woods has acquired Leicester Financial Planning firm Pole Arnold Financial Management Limited in a deal worth up to £7m.
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