The FCA said it is unable to comment any further at tis time, but will provide further updates in due course.

The Financial Conduct Authority has written to investors in Novus Black Fund UK Ltd about "significant losses" not reported to them by the alternative investment fund.

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FOS offices

The Financial Ombudsman Service (FOS) received 485 new complaints about wealth manager St James’s Place in the first half of 2024 - almost double the previous half year - despite total complaints for the pensions and investments sectors falling.

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FSCS website

 

The Financial Services Compensation Scheme has declared in default Cornwall-based investment firm European American Capital Services Limited which traded as EA Capital (FRN: 401897).

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According to Fidelity, the ETF market continues to show strong growth, with assets under management up 50% year to date.

Fidelity has launched two new fixed income active exchange-traded funds (ETFs) to its sustainable active ETF range.

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FCA logo

The FCA has halted ISA business at crowd-funding platform Nextcrowd over concerns about potential “serious regulatory breaches.”

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With Brits living longer, the majority (75%) of those surveyed agreed that living longer means we should work longer

Over two thirds (69%) of Britons believe retiring in our sixties will become a thing of the past, according to new research.

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Paul Geddes

Financial Planning and professional services firm Evelyn Partners saw assets under management and advice (AUM/A) rise 13% year-on-year to £62.7bn at 30 September.

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Tuesday, 22 October 2024
Articles

Chancellor Rachel Reeves

There was good news for the government today ahead of next week's Budget after the International Monetary Fund upgraded its UK GDP forecast for 2024 to 1.1%, up from 0.7% in July.

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The Pensions Minister made a written statement to the House of Commons

Pensions minister Emma Reynolds today confirmed the government “is committed to the delivery of Pensions Dashboards” in a written statement to the House of Commons.

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Advisers are confident in their service

Financial Planners and advisers have very high confidence in the service they provide their clients but are much less impressed by some issues that are not in their immediate control.

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