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PFS unveils financial vulnerability taskforce


To promote a ‘greater understanding of clients’
The Personal Finance Society (PFS) has launched an independent financial vulnerability taskforce with the aim of supporting the profession to better recognise and address the various forms of consumer vulnerability, improve client outcomes and increase access to financial advice.
The taskforce will promote greater understanding of clients in vulnerable circumstances and encourage appropriate behaviour through the sharing of good practice while also addressing the expectations of regulatory standards and public expectations.
Financial advisers wishing to adopt the financial vulnerability charter must commit to the nine consumer guide pledges:
Acknowledge their services involve the application of specialist and technical financial knowledge, which places many clients in a position of dependency; ....

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AltPep Raises $23M Jumpstarting Work on Alzheimer's Disease


AltPep Raises $23M Jumpstarting Work on Alzheimer s Disease
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SEATTLE - January 14, 2021 - (Newswire.com)
AltPep Corporation, a privately held biomedical company focused on diagnosing and treating Central Nervous System amyloid disorders, starting with Alzheimer s Disease, today announced it closed a $23.150 million Series A investment round. Matrix Capital Management led the investment, with significant participation by Alexandria Venture Investments. In conjunction with the financing, David Goel, Managing General Partner and Founder of Matrix Capital Management and Joel Marcus, Executive Chairman and Founder of Alexandria Real Estate Equities/Alexandria Venture Investments, have joined the AltPep Board of Directors.
The proceeds of the Series A investment will be used to advance a breakthrough technology developed at the University of Washington laboratory of AltPep Founder and CEO, Valerie Daggett, Ph.D., that targets the misfolded ....

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