FCA among speakers at Consumer Duty Alliance event
Senior representatives from the FCA will deliver a keynote speech and run breakout sessions at a new event dedicated to smaller advice firms. The event, run by the Consumer Duty Alliance, is free to a
Canaccord Genuity hires investment director from Brewin Dolphin
Canaccord Genuity Wealth Management has appointed Paul Fielding as investment director to the Birmingham team. Fielding joins from RBC Brewin Dolphin where he worked for 23 years. Fielding, who has ov
GBST and Barnett Waddingham renew SIPP platform contract
GBST and Barnett Waddingham have renewed their long-term Self Invested Personal Pension (SIPP) platform contract. The deal will allow GBST to continue to power Barnett Waddingham’s SIPP administration
Number of people paying dividend tax doubles in three years
Almost 3.6 million people are set to pay dividend tax in the 2024/25 tax year, a Freedom of Information (FOI) request from AJ Bell has revealed. This is double the 1.8m who paid the tax in 2021/22. It
The Morning Briefing: Regulated funds must prepare for EU legislation; why the future of advice is restricted
Good morning and welcome to your Morning Briefing for Tuesday 20 August 2024. To get this in your inbox every morning click here. Regulated funds must prepare for new EU legislation, warns Ocorian Oco
Regulated funds must prepare for new EU legislation, warns Ocorian
Ocorian, a leader in regulatory and compliance services, is urging asset managers to prepare for the significant changes the EU's Digital Operational Resilience Act (DORA) will bring to the regulated funds sector.
PMI providers offering guided network option as UK health system moves towards three-tier model
Most private medical insurance (PMI) providers now offer a guided network option as the UK transitions to a three-tier health system, according to Clarity Health Insurance. The guided network options
TILLIT removes AXA tech fund from platform after Gleeson departure
Investment platform TILLIT has removed AXA Framlington Global Technology Fund from its curated fund universe following the departure of Jeremy Gleeson. The fund, which manages £1.3bn, has been oversee
The Morning Briefing: Number of ‘dog funds’ falls; Flagstone doubles AUA
Good morning and welcome to your Morning Briefing for Monday 19 August 2024. To get this in your inbox every morning click here. Number of ‘dog funds’ falls by 9% The number of underperforming ‘dog fu
Fintech firm Flagstone doubles AUA as customer base grows
Cash deposit platform Flagstone has more than doubled the size of its Assets under Administration (AUA) since January 2023, its latest results reveal. The fintech business’s AUA now stands at £13.5bn,
Number of ‘dog funds’ drops 9% since start of the year
The amount of ‘dog funds’ has fallen to 137, a 9% drop compared the 151 funds that met Bestinvest’s ‘Spot the Dog’ report at the beginning of the year.
Government publishes update on landmark pensions review
The government has published an update on how it plans to conduct a landmark pensions review to boost investment and increase saver returns. Chancellor Rachel Reeves announced the launch of the review
FCA fines PwC £15m for LCF failings
The Financial Conduct Authority (FCA) has fined PwC £15m for failing to report to the regulator its belief that London Capital & Finance (LCF) might be involved in fraudulent activity, the first time the FCA has fined an audit firm.
The Morning Briefing: Advice firms report pre-tax loss and calls grow for a seven-day switch guarantee
Good morning and welcome to your Morning Briefing for Friday 16 August 2024. To get this in your inbox every morning click here. Advice firms report pre-tax loss in 2023 Firms with over 50 financial a
Firms with over 50 advisers report pre-tax loss in 2023
Firms with over 50 financial advisers reported a pre-tax loss, compared to smaller advice firms which saw gains.
Over a third of adults using Isas to save for retirement
Over a third (37%) of UK adults are using an Isa to save for retirement, with this figure rising to 62% for those aged 55-64.
The Morning Briefing: EVPro integrates with Plannr and apprenticeships aversion
Good morning and welcome to your Morning Briefing for Thursday 15 August 2024. To get this in your inbox every morning click here. EVPro integrates with Plannr Financial services technology provider E
EVPro integrates with financial adviser CRM Plannr
Financial services technology provider EV has integrated its end-to-end financial planning solution EVPro with Plannr, the customer relationship management (CRM) tool for advisers. An integration with
Beestin: Problem of pension scams ‘never goes away’
The problem of pension scams “never goes away”, Money Alive co-founder and director Ian Beestin told Money Marketing.
Orbis announces UK retail leadership transition
Orbis Investments has announced Matthew Spencer will take on the role of head of UK retail in August 2024 as current head Marcel Bradshaw is retiring from Orbis at the end of 2024.
FCA fines firm for providing investment advice without authorisation
The Financial Conduct Authority (FCA) has fined Forex TB Limited (FXTB) £276,100 for providing investment advice without being authorised to do so.
Investors believe private equity is overvalued
Almost half (49%) of institutional investor consider private equity to be overvalued according to Preqin.
CII and PFS threaten disciplinary action over online harassment
The Chartered Insurance Institute and the Personal Finance Society have threatened to remove the memberships of anyone engaging in “unprofessional behaviour” after several incidents of online harassme
Aviva profits rise 14% on back of strong performance
Aviva has reported better-than-expected results as the group’s operating profits rose 14% to £875m in the first half of the year. Doug Brown, CEO Aviva Insurance, Wealth & Retirement, told Money Marke
@sipp creates chief operating officer role to drive growth
Pensions and Sipp provider @sipp has made two key senior promotions to help accelerate its growth plans. Finance director Steve Lancaster has stepped up to the newly created chief operating officer (C