White men from higher socio-economic backgrounds are thirty three times more likely to be found in senior roles in financial services compared with women with an ethnic minority background who are also from a lower socio-economic background, according to a new report.
Read more ...Senior financial services management lack diversity
- Wednesday, 02 October 2024
- Articles

White men from higher socio-economic backgrounds are thirty three times more likely to be found in senior roles in financial services
FCA fines Starling Bank £29m over screening failures
- Wednesday, 02 October 2024
- Articles

Therese Chambers, joint executive director of enforcement and market oversight
The FCA has fined Starling Bank just under £29m for financial crime failings related to its financial sanctions screening.
Read more ...Business relief changes not just an IHT issue says report
- Wednesday, 02 October 2024
- Articles

The removal of business relief from AIM stocks is one measure being considered by the government to fill HMRC coffers, according to reports
The removal of business relief from Alternative Investment Market (AIM) companies could have harsh consequences for both investors looking to avoid paying inheritance tax and many of the UK’s most popular funds, according to new research.
Read more ...8 in 10 advisers see increase in clients share trading
- Wednesday, 02 October 2024
- Articles

All of the advisers surveyed said they expect to see a rising in the level of clients trading in stocks and shares
Nearly 8 in 10 (78%) of financial advisers have seen an increase in the level of trading in stocks and shares by their clients over the past two years, according to a new report.
Read more ...Gender pensions gap soars to 43% at 55
- Wednesday, 02 October 2024
- Articles

Woman end up with much smaller pension pots
By the time women reach age 55 they have on average 43% less in their pension pot than men, according to data from Royal London.
Read more ...2 in 5 women never reviewed pension forecast
- Wednesday, 02 October 2024
- Articles

Low financial engagement also saw less Britons consulting financial advisers when planning for retirement.
Two in five British women (37%) have never reviewed their pension forecast, according to new research.
Read more ...Fifth of people have lost pension pots
- Tuesday, 01 October 2024
- Articles

19% of people have lost pension pots
A fifth of people (19%) with multiple pensions think they’ve lost track of at least one of their retirement savings pots, according to new research from Standard Life.
Read more ...Origo offers pensions dashboards matching toolkit
- Tuesday, 01 October 2024
- Articles

Origo website
Fintech Origo has launched a matching toolkit, a standalone service that integrates with its dashboard connector service.
Read more ...New chair of FSCS board
- Tuesday, 01 October 2024
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FSCS website
Elizabeth Passey, currently a senior adviser at investment house J Stern and Company, has been appointed chair of the Financial Services Compensation Scheme’s board from today.
Read more ...Saltus acquires Tavistock's advice businesses for £38m
- Tuesday, 01 October 2024
- Articles

Tavistock website
Saltus has paid up to £37.75m to acquire Tavistock’s financial advice businesses, Tavistock Partners Limited and Tavistock Partners (UK) Limited, including the Abacus and Duchy brands.
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