Close to two thirds (61%) of complaints to the Financial Ombudsman Service about advisers are related to advice suitability, according to a new study.
Read more ...Two thirds of FOS adviser complaints linked to suitability
- Wednesday, 18 June 2025
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1 in 2 advice firms looking at segmenting clients
- Wednesday, 18 June 2025
- Articles

Half of advice firms are reviewing their client bases for potential segmentation ahead of the FCA’s Advice Guidance Boundary Review outcome, according to a new report.
Read more ...CPI dips to 3.4% but remains 'sticky'
- Wednesday, 18 June 2025
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CPI inflation eased slightly in May to 3.4% from 3.5% in April, ONS said today.
Read more ...Investors switch from equities to cash
- Wednesday, 18 June 2025
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One in five retail investors have switched money from equities to cash in response to stock market volatility, new research shows.
Read more ...Shackleton taken over by New York private equity firm
- Tuesday, 17 June 2025
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Fast-growing Financial Planning firm Shackleton, formerly the Skerritts Group, has been taken over by New York-based private equity firm Lee Equity Partners, which has taken a majority investment in the firm.
Read more ...New digital wealth app targets £100,000+ earners
- Tuesday, 17 June 2025
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A new digital wealth app has been launched targeting six-figure earners who have outgrown basic financial products but do not have the millions needed to access private banks.
Read more ...Pension transfer times rose during tax year end
- Tuesday, 17 June 2025
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Simpler pension transfers took an average of just 11 days to complete in the lead up to the end of the 2024/25 tax year.
Read more ...1 in 10 on brink of financial crisis
- Tuesday, 17 June 2025
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One in 10 Britons say they are on the brink of a financial crisis and one in 50 are already in one, according to the latest annual financial resilience report from Royal London.
Read more ...Chartered Financial Planner becomes Fintel director
- Tuesday, 17 June 2025
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Chartered Financial Planner Ian Pickford, CEO of Forvis Mazars Financial Planning, will step down to become an independent non-executive director at fintech Fintel, owner of SimplyBiz, Defaqto and RSMR.
Read more ...FCA fines former Metro Bank executives
- Tuesday, 17 June 2025
- Articles

Craig Donaldson and David Arden, former CEO and CFO of Metro Bank, have been fined £167,325 and £100,950 respectively for being knowingly concerned in a breach of the listing rules.
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