The North-South wealth divide is being exacerbated by fewer northerners having a financial plan in place, according to a new report.
Read more ...North-South wealth divide exacerbated by planning gap
- Thursday, 16 December 2021
- Articles
Transact inflows up 34% to a record £7.7bn
- Thursday, 16 December 2021
- Articles
Adviser platform Transact has reported a record £7.7bn of gross inflows for the year ending 30 September.
Read more ...CII to boost branches with £1.5m windfall
- Thursday, 16 December 2021
- Articles
The Chartered Insurance Institute has reinstated its funding for local institutes for 2022.
Read more ...GAM fined £9.1m by FCA over conflicts of interest
- Thursday, 16 December 2021
- Articles
GAM International Management Limited (GIML) has been fined £9.1m by the Financial Conduct Authority after an investigation into conflicts of interest.
Read more ...Bank of England raises base rate to 0.25%
- Thursday, 16 December 2021
- Articles
The Bank of England has increased its base rate from 0.1% to 0.25% today, the first rise in rates for three years.
Read more ...FOS plans £44m increase in budget as cases rise
- Wednesday, 15 December 2021
- Articles
The Financial Ombudsman Service is planning to increase its budget by £44m to £283.8m in 2022/23 to cope with an expected increase in more complex cases.
Read more ...Govt could push back State Pension Age for millions
- Wednesday, 15 December 2021
- Articles
The Government is consulting on proposals to bring forward the rise in the State Pension Age to 68 from 2044 to 2037 resulting in millions being forced to wait longer for the state pension.
Read more ...CPI hits 5.1% as inflation bubble continues
- Wednesday, 15 December 2021
- Articles
The Consumer Prices Index (CPI) hit 5.1% in November, the highest rate in over 10 years.
Read more ...Canaccord to buy Punter Southall Wealth for £164m
- Tuesday, 14 December 2021
- Articles
Canaccord Genuity Wealth Management UK (CGWM UK) has agreed to acquire Punter Southall Wealth from Punter Southall Group in a £164m deal.
Read more ...Pensions Tax Relief soars £11bn in four years
- Tuesday, 14 December 2021
- Articles
The cost to the Government of Pensions Tax Relief rose to an estimated £42.7bn in 2020/21 - up £11bn in four years.
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