The Financial Ombudsman Service has ordered pension specialist adviser Harbour Rock Capital to compensate a former client due to ‘unsuitable’ pension transfer advice.
Over half (55%) of investors have a higher suitable risk level than their attitude to risk alone would indicate, according to a study.
Over 70m pension records are now connected to the Pensions Dashboards ecosystem, representing about 85% of the records expected to connect, according to the government-backed Money and Pensions Service (MAPS).
Financial Planning firm Rosemount Financial Solutions has added a new artificial intelligence (AI) tool to speed up financial promotion approvals for its adviser members.
Firms that approve financial promotions on behalf of other businesses need to do more to protect consumers, according to the FCA.
Threatened tax changes to the ISA regime would undo a decade of simplification and deter investors and savers from using them, according to investment and wealth manager Charles Stanley.
A young person disabled before entering the workforce today could retire with a pension pot £245,327 smaller than their non-disabled peers, according to a new report.
The DeVere Group, which provides advice to global and expat clients, has entered the Canadian market having secured regulatory approval from the Financial Services Regulatory Authority of Ontario (FSRA).
Octopus Legacy, Octopus Group's AI-driven estate planning business, has acquired the private client team from NewLaw Solicitors for an undisclosed sum.
Wealth manager and Chartered Financial Planner Fairstone is planning more than 20 acquisitions of financial advice firms this year and has already completed 8 deals in Q1 alone.