Only just over 1 in 10 (13%) of cryptoasset authorisation applications were approved by the FCA in 2023-24, according to the regulator’s annual report.
Read more ...FCA cancelling of authorised firms doubles
- Friday, 06 September 2024
- Articles

FCA HQ
The FCA doubled the number of firm authorisations it cancelled in the 2023-24 financial year.
Read more ...Pay bumps for FCA's CEO and senior execs
- Friday, 06 September 2024
- Articles

Nikhil Rathi
FCA CEO Nikhil Rathi received a 3.3% increase in his total remuneration in 2023/34 - in line with salary increases for many FCA staff, according to the FCA's Annual Report.
Read more ...Sale price cut for failed Nexus Independent Financial Advisers
- Friday, 06 September 2024
- Articles

Nexus website
A deal to sell off failed IFA Nexus Independent Financial Advisers (FRN 584769) of Fareham, Hants, has taken far longer than expected and the sale price has been cut substantially.
Read more ...Quilter buys fintech NuWealth to boost digital advice
- Friday, 06 September 2024
- Articles

NuWealth website
Wealth manager and Financial Planner Quilter has acquired app-based fintech NuWealth to open up new opportunities in hybrid digital advice.
Read more ...PFS launches female-adviser focused podcast
- Thursday, 05 September 2024
- Articles

Emma Hall, Hazel Bowen, Alina Burlacu and Tracy Brookes
The Personal Finance Society is to launch a new podcast mini-series to open up the conversation about how to succeed as a female adviser.
Read more ...Generational divide between Planners’ use of tech
- Thursday, 05 September 2024
- Articles

Younger advisers were more likely to use technology and social media to connect with clients
Financial Planning firm owners see a clear generational divide between themselves and younger advisers on technology and social media, according to a new report from adviser platform Wealthtime.
Read more ...Industry backs move by Chancellor to scrap British ISA
- Thursday, 05 September 2024
- Articles

Chancellor Rachel Reeves
Chancellor Rachel Reeves is set to scrap plans to introduce a British ISA, according to widespread reports first circulated in the Financial Times.
Read more ...FSCS opens investigation into failed Financial Planner firm
- Thursday, 05 September 2024
- Articles

Facet Investment Management website
A wealth manager and Financial Planner firm, Facet Investment Management Limited, has gone into administration.
Read more ...Paradigm Norton appoints new CEO designate
- Thursday, 05 September 2024
- Articles

Philippa Hann, new CEO of Paradigm Norton
Employee-owned Financial Planning firm Paradigm Norton has appointed experienced lawyer Philippa Hann to be its new chief executive designate.
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