The total value of ‘lost’ pension pots - pensions which have become ‘disconnected’ with their owners - increased by £4.5bn from £26.6bn to £31.1bn between 2022 and 2024, by the Pensions Policy Institute (PPI) has revealed in a new report.
Read more ...FCA finds near doubling in non-financial misconduct complaints
- Friday, 25 October 2024
- Articles
The FCA has found a sharp increase in non-financial misconduct complaints at regulated firms working in the wholesale financial sectors.
Read more ...Titan Wealth buys £7.9bn AUM Channel Islands firm
- Thursday, 24 October 2024
- Articles
Titan Wealth has signed a deal to acquire £7.9bn AUM Channel Islands wealth manager Ravenscroft Investments Limited.
Read more ...HMRC repays £44m in pensions tax in Q3
- Thursday, 24 October 2024
- Articles
HMRC repaid £44.3m to savers who paid too much tax when first accessing their pension between 1 July and 30 September this year.
Read more ...Advisers among those with lowest satisfaction with FCA
- Thursday, 24 October 2024
- Articles
Firms in the retail investments sector, which includes most financial advice firms, had one of the lowest levels of satisfaction with their relationship with the FCA.
Read more ...FCA warns alternative fund holders over unreported losses
- Thursday, 24 October 2024
- Articles
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.
Read more ...FOS received 485 complaints about SJP in H1
- Thursday, 24 October 2024
- Articles
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.
Read more ...FSCS declares Cornwall firm in default
- Thursday, 24 October 2024
- Articles
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).
Read more ...Fidelity adds pair of sustainable active fixed income ETFs
- Wednesday, 23 October 2024
- Articles
Fidelity has launched two new fixed income active exchange-traded funds (ETFs) to its sustainable active ETF range.
Read more ...FCA halts ISA manager over serious concerns
- Wednesday, 23 October 2024
- Articles
The FCA has halted ISA business at crowd-funding platform Nextcrowd over concerns about potential “serious regulatory breaches.”
Read more ...