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| Billions of dollars wasted on advice |
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| Pension funds and other large investors are throwing away billions of dollars a year on worthless recommendations from investment consultants |
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| Luxembourg faces fresh criticism |
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| Luc Frieden, the grand duchy's finance minister, is accused of violating the 'principles of good corporate governance' over staff appointment |
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| Alpha animal in the insurance food chain |
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| There is much alarm in the reinsurance industry about the inflow of money to 'non-traditional' structured products, finds John Dizard |
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| Watch out for RDR's football 'penalty' |
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| The fund industry should heed the example of Manchester United, says David Oakley, as the biggest players grab the biggest slice of the pie |
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| In memory of 'black swan-itis' victims |
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| The financial crisis was not caused by bankers behaving badly, but by assuming they are not ignorant of market drivers |
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| All-female board to oversee Vietnam fund |
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| Dragon Capital launches actively managed Ucits equity fund for investors who want to gain exposure to the Asian country's blue-chip companies |
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| Deep divide over EU protection vote |
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| A European parliament vote on rules to improve protection for retail investors, expected on September 17, has been delayed until November |
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| Retirement will not be the death of you |
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| The age at which people retire has absolutely no effect on the age at which they die, a joint Australian-Norwegian research project has found |
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| Norway's SWF considers oil-free future |
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| The direction of the world's largest sovereign wealth fund serves as a model, and could include less-liquid investments and fewer fossil fuels |
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| Tikehau: 'People told us we were crazy' |
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| Mathieu Chabran, co-founder of Tikehau, the French investment company, on the benefits, and downsides, of being a maverick in a conservative industry |