The FCA has fined Cypriot contract for differences (CFD) firm Forex TB Limited (FXTB) £276,100 for not treating customers fairly and providing investment advice without authorisation.
Read more ...FCA fines high-risk investment firm for offering advice
- Wednesday, 14 August 2024
- Articles
Platform engine Bravura returns to profit
- Wednesday, 14 August 2024
- Articles
Platform engine and fintech Bravura Solutions has returned to making a net profit after tax following a year of mass cost-cutting exercises.
Read more ...Aviva platform sees 'significant improvement' in flows
- Wednesday, 14 August 2024
- Articles
Aviva’s wealth business has reported a 16% growth in net flows to £5bn as its platform revenues saw a “significant improvement” in the first half of 2024.
Read more ...CPI bucks trend to rise from 2% to 2.2%
- Wednesday, 14 August 2024
- Articles
CPI inflation showed its first rise this year in July with a 0.2 percentage point increase to 2.2%, ONS reported today.
Read more ...FSCS declares Birmingham BSPS-linked firm in default
- Tuesday, 13 August 2024
- Articles
The Financial Services Compensation Scheme has declared BSPS-linked firm Green Gem Financial Ltd (FRN: 400488) in default over pension transfer advice, opening the door to compensation for ex-clients with valid claims.
Read more ...Just Group profits climb 44% to £249m
- Tuesday, 13 August 2024
- Articles
Annuity and retirement specialist Just Group said operating profits climbed 44% to £249m in the first six months of the year to the end of June.
Read more ...Aggregate DB surplus hits £476bn, says PPF
- Tuesday, 13 August 2024
- Articles
The aggregate surplus of DB pension schemes increased to £475.5bn at the end of July, according to the latest Pension Protection Fund (PPF) 7800 Index.
Read more ...Wren Sterling snaps up south coast adviser
- Tuesday, 13 August 2024
- Articles
Fast-growing national Financial Planning firm Wren Sterling has completed the acquisition of south coast adviser business the In Focus Group, for an undisclosed amount.
Read more ...Evelyn AUM climbs 13.3% to record £62.2bn
- Tuesday, 13 August 2024
- Articles
Wealth manager and Financial Planner Evelyn Partners said its AUM has climbed to a record £62.2bn, up 13.3% compared to a year ago and up 5.2% since the end of 2023.
Read more ...Losses increase at troubled WH Ireland
- Tuesday, 13 August 2024
- Articles
Troubled wealth manager and financial services firm WH Ireland said losses increased last year and it has given up trying to sell its wealth management after negotiations to unload the division collapsed.
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