There has been a big jump in demand for retirement advice on transfers from Defined Benefit schemes since pension freedoms took effect, newly released figures have shown.
AFH Group has launched a takeover of two firms totalling an outlay of £1.2m.
The FCA’s remit should be extended to improving people’s long-term financial well-being, Hargreaves Lansdown’s head of policy says.
Chartered Financial Planning firm Fairstone has announced that it has signed up two advisory firms to its downstream buy out programme.
New research painted a “worrying” picture of the nation’s personal finances, revealing that that over a third of adults are currently not saving anything whatsoever towards their retirement.
The FCA’s chief executive has reiterated “extreme concerns” over DB pension transfer advice.
The FCA will crack down on ‘high-risk’ advice, officials pledged today.
Six pension and finance companies have been placed in provisional liquidation following an Insolvency Service probe.
Financial Planners look set to be stung by a 4.2 per cent increase in their FCA bill for next financial year.
In an industry first, mortgage technology firm, Mortgage Brain, has launched a system on Amazon’s Alexa device, to help search for mortgages.