The Treasury has moved a step closer to making the underlying investments in mini-bonds a fully regulated activity to protect consumers after the £237m collapse of mini-bond provider London Capital & Financial (LCF).

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Wealth manager and Chartered Financial Planner Brown Shipley has expanded its presence in the East of England with the recruitment of eight additional client advisers plus a managing director.

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Aviva is to acquire Financial Planning-focused wealth manager Succession Wealth for £385 million. 

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The Financial Conduct Authority (FCA) is to offer 800 of its lower paid staff a pay and benefits increase worth £5,500 each.

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Tuesday, 01 March 2022
Articles

The Financial Conduct Authority (FCA) has introduced a cap on fees for claims management companies (CMCs).

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Wealth management and Financial Planning firm Tilney Smith & Williamson is to rebrand as Evelyn Partners this summer.

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The Chartered Insurance Institute (CII) has confirmed that it will do a U-turn and reinstate the axed position of Personal Finance Society (PFS) CEO. 

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Assets on platform engine GBST’s platform solution, Composer, increased by 18% to £180bn in 2021.

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JP Morgan and Liontrust have suspended funds exposed to Russia following the invasion of Ukraine.

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Net flows from advisers doubled in 2021 to £3.9bn for investment manager and platform provider Abrdn (2020: £1.9bn).

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