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Adviser data and ratings provider Defaqto has added 1,047 risk-rated funds and DFM Model Portfolios to its Financial Planning software Defaqto Engage.

Fund manager and SIPP provider 7IM has launched a range of multi-asset funds which it says will offer advisers low-cost and highly diversified passive investments.

Transact is to cut some of its charges in April with annual commission charges and buy commission charges both reduced.

 Chancellor Rishi Sunak will present his next Budget to MPs on 3 March.

Tilney Smith & Williamson is following rivals by removing VAT from its Managed Portfolio Service propositions.

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