The Financial Conduct Authority has confirmed it will raise its funding requirement for Financial Planning firms by 8.9% to £94.6m in 2023/24.
Read more ...DD|hub boosts Consumer Duty support
- Wednesday, 05 July 2023
- Articles
Due diligence fintech DD|hub has today launched an upgraded system to help advisers with the Consumer Duty requirements and help identify the 'foreseeable harms' that could affect clients when using providers.
Read more ...DWP launches midlife 'Financial Planning' website
- Wednesday, 05 July 2023
- Articles
The Department for Work and Pensions has launched a new 'Midlife' MOT website to help older workers with their 'Financial Planning' and careers options.
Read more ...Number of higher rate taxpayers soars
- Wednesday, 05 July 2023
- Articles
There has been a 142% increase in the number of additional rate tax payers since the tax bands were frozen in 2021, latest HMRC figures reveal.
Read more ...FCA bans Birmingham BSPS adviser
- Tuesday, 04 July 2023
- Articles
The Financial Conduct Authority has banned Birmingham-based adviser Paul Steel of Estate Matters Financial Ltd (EMF) from working in financial services.
Read more ...M&G Wealth hires new CEO from Abrdn
- Tuesday, 04 July 2023
- Articles
M&G Wealth has recruited Abrdn Personal Wealth CEO Caroline Connellan to be its new chief executive.
Read more ...HFMC buys £350m AUA London Planner
- Tuesday, 04 July 2023
- Articles
Expanding Chartered Planner HFMC Wealth has acquired London Chartered Financial Planner Weston-Cummins which has £350m in assets under advice (AUA).
Read more ...600 firms use FCA's regulatory sandbox
- Tuesday, 04 July 2023
- Articles
The Financial Conduct Authority has received more than 600 applications to its regulatory sandbox since its launch in 2016.
Read more ...FCA data reveals rise in whistleblowers
- Tuesday, 04 July 2023
- Articles
‘Fitness and propriety’ and ‘compliance’ were the joint top reasons for whistleblowers to complain to the FCA in March.
Read more ...BRI Wealth hires new Chartered Financial Planner
- Monday, 03 July 2023
- Articles
Coventry-based BRI Wealth Management has hired Laura Ripley FPFS as a Chartered Financial Planner.
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