Mini-bond provider Vector Wealth has gone into administration today after an application to the High Court by a director of firm to wind up the business.
Read more ...2 'pension liberation' fraudsters jailed for £13m scam
- Friday, 22 April 2022
- Articles
Two pension trustees have been jailed for their part in a £13m ‘pension liberation’ scam which saw hundreds of savers lose their pension pots following a fraudulent pension transfer.
Read more ...Savers’ confidence crashes below 2008 levels
- Friday, 22 April 2022
- Articles
Consumer confidence is in “freefall” - including the confidence of personal finance savers.
Read more ...FCA concerned about Challenger banks and financial crime
- Friday, 22 April 2022
- Articles
The FCA has expressed concerned about “weaknesses” in financial crime controls at some Challenger banks.
Read more ...Advisory revenue boosts XPS Pensions Group
- Friday, 22 April 2022
- Articles
Pension consultancy and administrator XPS Pension Group has reported 8% growth in revenues over the past year thanks to strong growth in advisory revenue, according to a trading update ahead of its full year results in June.
Read more ...FCA relaunches pension transfer ‘advice checker’ tool
- Friday, 22 April 2022
- Articles
The FCA has relaunched its pension transfer ‘advice checker’ tool for consumers to help them assess whether they have received unsuitable advice.
Read more ...Moneyhub pilot to ‘automate Financial Planning’
- Friday, 22 April 2022
- Articles
Fintech firm Moneyhub is to launch a pilot application which it claims will enable consumers to automate Financial Planning.
Read more ...Change in Private Equity owners for Ascot Lloyd
- Thursday, 21 April 2022
- Articles
European private equity firm Nordic Capital is to acquire Financial Planning firm Ascot Lloyd from current owners Oaktree Capital Management for an undisclosed sum.
Read more ...FCA bars BSPS adviser from selling assets
- Thursday, 21 April 2022
- Articles
The FCA has stepped in to bar South Wales adviser firm David Stock & Co Limited (DS&C) - which advised BSPS clients on pension transfers - from disposing of assets without permission.
Read more ...Third are saving less to meet rising living costs
- Thursday, 21 April 2022
- Articles
A third (36%) of UK adults are saving less due to rising living costs, according to new research.
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