The Financial Conduct Authority has fined City broker ED&F Man Capital Markets a record £17.2m for “serious failings” in its oversight of cum-ex trading.
Read more ...PLSA wants to boost UK assets’ appeal
- Monday, 05 June 2023
- Articles

The Pensions and Lifetime Savings Association (PLSA) has identified 12 ways to make UK assets more appealing to pension funds so the funds can help support the UK economy.
Read more ...FCA censures 3 firms for misleading BSPS offers
- Monday, 05 June 2023
- Articles

The FCA has today forced a further three firms to reverse the effects of misleading British Steel Pension Scheme (BSPS) offers.
Read more ...DWP says gender pension gap is 35%
- Monday, 05 June 2023
- Articles

New data published today by the Department for Work & Pensions shows the gender pension gap stood at 35% for the period between 2018-2020.
Read more ...Woodford investors to vote on redress proposals
- Monday, 05 June 2023
- Articles

Four years after the suspension of the Woodford Equity Income Fund, the FCA’s Therese Chambers has written to the estimated 300,000 investors to urge them to vote on the redress proposals.
Read more ...Financial Planner becomes partner at Old Mill
- Monday, 05 June 2023
- Articles

South West Financial Planner and accountancy firm Old Mill has promoted Chartered Financial Planner Duncan Parkes to be technical partner, with a simialr promotion for accountancy colleague Jamie Rudge.
Read more ...Rathbones/Investec Wealth merger moves closer
- Monday, 05 June 2023
- Articles

The Financial Conduct Authority has approved the prospectus and shareholder circular of the deal between wealth manager Rathbones and Investec Wealth & Investment, which was first announced in April.
Read more ...St James’s Place in search for new CEO
- Friday, 02 June 2023
- Articles

Wealth manager St James’s Place is seeking a new chief executive to replace current boss Andrew Croft, according to a media report.
Read more ...DB schemes should offer more flexibility
- Friday, 02 June 2023
- Articles

A former senior official at the Pensions Regulator has called for members of DB pension schemes to benefit from the same flexibility as those with DC schemes have.
Read more ...NatWest completes £144m Cushon acquisition
- Thursday, 01 June 2023
- Articles

NatWest has completed its acquisition of a majority shareholding in workplace savings and pensions fintech Cushon.
Read more ...