In its half year results, Quilter has doubled the funds it has put aside for redress for DB pension transfers that were undertaken by Lighthouse prior to its acquisition by the wealth manager and financial planner.
The High Court has ordered illegal pension introducers Avacade, Alexandra Associates to pay over £10.7m in compensation to consumers along with an additional £6.7m from their directors.
HMRC has trebled the number of football players being investigated for tax evasion so far in the 2019/20 tax year in comparison to last year.
Sanlam has launched a no-obligation virtual consultation service with its Financial Planners using software such as FaceTime, Zoom, Teams or Skype.
Financial Planners are concerned about their aging client base, marketing costs, and how they will attract new clients, according to new research.
Independent Wealth Planners (IWP) has acquired Milton Keynes based Financial Planning firm Carnelian Capital Management Limited.
The economic impact of the Coronavirus pandemic has pushed back FTSE350 DB scheme endgames with the average time to buyout rising 18 months on average, according to new research.
Assets under management fell 4.3% to £15.5bn at investment platform Ascentric in the first half of 2020, as parent group Royal London reported a loss before tax of £181m.
The Chartered Insurance Institute and Islamic Insurance Association of London have joined forces with the University of Bolton to launch an MBA in Islamic Finance.
Options Pensions has launched a Sharia SIPP in partnership with Islamic investment group Wahed Invest.
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