The Financial Services Compensation Scheme (FSCS) has declared 16 firms in default, including a number of financial advisers and wealth managers.
Read more ...Planners step up client reviews due to pandemic
- Tuesday, 14 December 2021
- Articles
Nearly half (46%) of advised clients have undergone a comprehensive review of their financial situation since the start of the Coronavirus pandemic, according to a new report.
Read more ...Schroders Personal Wealth expands regional teams
- Tuesday, 14 December 2021
- Articles
Schroders Personal Wealth (SPW) has made a series of Financial Planner hires to boosts its regional presence.
Read more ...iPensions acquires £500m assets of closed SIPP firm
- Tuesday, 14 December 2021
- Articles
SIPP provider iPensions Group has acquired the business assets of closed SIPP firm Forthplus Pensions.
Read more ...MPs and Peers say new Online Bill must cover financial ads
- Tuesday, 14 December 2021
- Articles
The Online Safety Bill must include criminal offences to tackle scam financial adverts to tackle the “Wild West online”, according to a report from MPs and Peers today.
Read more ...24 in court after NatWest’s £265m money laundering fine
- Monday, 13 December 2021
- Articles
The FCA says 24 people have been charged so far in relation to a £400m money laundering ring centred on NatWest and a Bradford jeweller.
Read more ...NatWest fined £264.8m for money laundering
- Monday, 13 December 2021
- Articles
National Westminster Bank has today been fined £264.8m at Southwark Crown Court for money laundering in one of the biggest cases of its kind in the UK.
Read more ...Ex-Greenpeace campaigner to help run new ESG fund
- Monday, 13 December 2021
- Articles
Former Greenpeace campaigner Eugenie Mathieu is to be one of a team of experts helping to run two new ESG funds being launched by Aviva Investors in an expansion of its range.
Read more ...Royal London offers exclusive merger talks to LV=
- Monday, 13 December 2021
- Articles
Royal London confirmed today it was offering exclusive talks with fellow mutual LV= about a possible merger after a £530m bid by US private equity firm Bain Capital for LV= collapsed last week.
Read more ...FCA delay holds up £280m Charles Stanley takeover
- Monday, 13 December 2021
- Articles
The takeover of wealth manager Charles Stanley by US-owned rival Raymond James has been pushed back a month due to delays in securing FCA approval.
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