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3 days ago | 
moneymarketing.co.uk | Darius McQuaid |Kevin Carr |Darius McDermott |David Hall
A retail investor who put £120,000 into the unregulated firm Basset & Gold (B&G) said he has “zero faith” in the FCA after being offered just £200 in compensation. The Complaints Commissioner, set up the the FCA to investigate complaints against it, said it expects to “receive a number of objections” after the decision. Towards the end of May, the FCA apologised to B&G investors and admitted some failings in how it dealt with the case, but did not uphold all complaints made.
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1 week ago | 
moneymarketing.co.uk | Momodou Musa Touray |Kevin Carr |Kimberley Dondo
The UK discretionary wealth management market (excluding private banks) has grown to £1.1tn in assets under management, an 11% increase year-on-year, according to Platforum’s latest report. The UK Wealth Management: Market Overview report, which examines key drivers and headwinds across the sector, attributes much of the market’s growth in 2024 to robust investment performance.
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1 week ago | 
moneymarketing.co.uk | Kevin Carr |Momodou Musa Touray
At a recent industry event a question was asked about why protection insurers provide so-called ‘added value services’ on policies like life cover, critical illness and income protection. The premise was they add cost and complexity – and as they are outsourced, they cannot be contractually guaranteed for the life of the policy, often 20, 30 or 40 years.
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2 months ago | 
moneymarketing.co.uk | Momodou Musa Touray |Kevin Carr
The Financial Conduct Authority has launched its much-awaited pure protection market study on fair value for consumers. The study, launched today (21 March), will look at how well the distribution of pure protection insurance products is working for consumers.
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2 months ago | 
moneymarketing.co.uk | Momodou Musa Touray |Daniel Simpson |Kevin Carr
The Exeter has seen a huge rise in appointments on its member benefits app, HealthWise. The UK health and life insurer said it is experiencing a record increase in usage as more members engagement with the platform. An estimated 10,356 specialist appointments were booked through HealthWise in 2024, an increase of 175% from 2023. The data also shows downloads of the app more than doubled year-on-year, to 14,763 in 2024.
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2 months ago | 
moneymarketing.co.uk | Tom Browne |Darius McQuaid |Kevin Carr
Fintel’s results for the year ending 31 December 2024 show that the company’s core revenue jumped 22% to £68.9m, up from £56.6m the previous year. These results, published today (18 March), were fuelled by £15m in revenue from newly acquired businesses, a sharp rise from just £1.5m in 2023. During the year, Fintel completed four acquisitions, investing £16.6m in total, which delivered £7.5m in core revenue. The company’s overall financial position also remains strong.
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Dec 11, 2024 | 
moneymarketing.co.uk | Kevin Carr
It’s a been a busy year for the UK life and health insurance industry, with sales up a bit or down a bit, depending on where you look. And we’ve lost a few insurers – but gained a Financial Conduct Authority market review. There’s been some brilliant work across the sector, including the Association of Mortgage Intermediaries’ Protection Viewpoint, Income Protection Awareness Week, CIExpert’s Critical Thinking report, and some great new products and processes.
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Oct 11, 2024 | 
moneymarketing.co.uk | Momodou Musa Touray |Kevin Carr
Good morning and welcome to your Morning Briefing for Friday 11 October 2024. To get this in your inbox every morning click here. Business owners fast-tracking exits over CGT concernsUK business owners have fast-tracked their exit plans over the past 12 months, according to new research from Evelyn Partners. Nearly one in three (29%) have accelerated business exits in the past year, amid rumours CGT rates could take centre stage in the upcoming Budget.
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Sep 30, 2024 | 
moneymarketing.co.uk | Kevin Carr
Hang on a minute, lads, I’ve got a great idea. There are mods. There are rockers. There are athletes… and basket cases… princesses… and criminals. But underneath, we’re all the same, aren’t we? The Italian Job. Quadrophenia. The Breakfast Club. I don’t mind admitting I turn 50 next year and these are the films I’m considering showing should I go ahead with my current plan of hiring a small cinema to watch one of my favourite films.
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Sep 15, 2024 | 
radioeasternfm.com.au | Kevin Carr
To all Members of Eastern Community Broadcasters Inc. Eastern Community Broadcasters Inc. wishes to advise members that the Annual General Meeting will be held on 20th October 2024 in Catamore Hall, Wyreena Community Centre, 13-23 Hull Road, Croydon 3136 commencing at 2pm. The AGM gives members the opportunity to hear how your station is progressing and see how we are planning to move towards 2025 and the formulation of our licence renewal application that is due that year.
