The FCA has today warned consumers to beware of investing in high-risk schemes from unregulated firms without appreciating the risks involved.
James Jones-Tinsley, technical specialist at pension consultants Barnett Waddingham, reviews the updates this week from HMRC and the FCA on pension tax free lump sum cancellation rights.
Wealthy clients are increasingly seeking advice on inheritance tax and estate planning amid growing speculation ahead of the Autumn Budget, according to wealth manager Rathbones.
Wealth manager trade body PIMFA has called for a clear tax road map to stem the tide of people accessing their tax-free pension cash because of speculation and headlines.
The FCA has issued a reminder today to firms that cancellation rights do not exist for pension commencement lump sums (PCLS).
Group revenues more than doubled to £6m for InvestAcc for the six months ended 30 June (H2 2024: £2.5m).
Private equity backed Financial Planning firm Ascot Lloyd posted a pre-tax loss of £14m for the year ended 31 December, following the impact of an FCA investigation into the firm, according to accounts filed with Companies House this week.
Vanguard has appointed Gillian Hepburn as head of adviser solutions in the UK as it looks to broaden its adviser solutions offering.
High net worth individuals' confidence in the UK economy and their own wealth has risen despite concerns about the upcoming Budget, according to the biannual Saltus Wealth Index.
Paul Flowers, the former Co-Operative Bank chairman, has been ordered to pay £184,000 to the family of a woman he stole from.