Wealth manager and Financial Planner Brooks Macdonald has sold its £2.3bn FUM international arm to wealth manager Canaccord Genuity Wealth (International) Holdings Limited for £50.85m.
The Chartered Institute for Securities & Investment (CISI), the professional body which provides the Certified Financial Planner designation in the UK, has awarded CISI Chartered Firm status to wealth manager AHR Dubai.
NS&I, the government-backed savings providers, has today cut rates on some of its fixed term products.
The Financial Services Compensation Scheme has declared two pension adviser firms as failed.
Some 75% of working UK adults who have a pension pot are in the dark about its current estimated value, according to research released for Pension Awareness Week.
A quarter (22%) of UK adults are holding out for an expected inheritance before going ahead with a major life event, according to new research.
The FCA has charged the first individual with running a network of illegal crypto ATMs.
A third of the workforce (33%) at the Financial Conduct Authority were from an ethnic minority in 2023-24, according to new employment data from the regulator.
Richard Oldfield has been appointed as group chief executive of investment manager Schroders from 8 November.
An estimated 340,000 more pensioners will pay income tax on their State Pension next year due to the Triple Lock pushing up the State Pension above inflation.