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CoreData's website

Planners cut platform use as clients struggle

Details
Category: Articles
11 October 2022
  • Platforms
  • CoreData
  • cost of living
  • Andrew Inwood

Financial Planners are cutting back on their use of investment platforms because of the cost-of-living crisis.

Read more …

The FCA's office in east London

FCA adds 125 staff to tackle authorisations backlog

Details
Category: Articles
11 October 2022

The Financial Conduct Authority has been forced to recruit 125 new staff to tackle a growing backlog in authorisations.

Read more …

Many women have missed out on the auto-enrolment boom

Major gaps remain in workplace pension awareness

Details
Category: Articles
11 October 2022
  • Standard Life
  • Autoenrolment
  • workplace pensions
  • Phoenix Group

Gaps remain in workplace pension awareness a decade after the introduction of auto-enrolment, new research has revealed. 

Read more …

Lee Hartley, Fairstone chief executive

Fairstone trumpets double-digit growth

Details
Category: Articles
11 October 2022
  • Lee Hartley
  • Fairstone
  • results
  • Newcastle

Rapidly expanding Financial Planning firm Fairstone Group has delivered double-digit growth, according to its annual results for 2021.

Read more …

FSCS website

FSCS declares 2 pension advice firms in default

Details
Category: Articles
11 October 2022
  • pensions
  • FSCS
  • default
  • TJM Partnership Limited

The Financial Services Compensation Scheme has declared two pension advice firms in default.

Read more …

FCA HQ in London

FCA to hold delayed Annual Public Meeting this week 

Details
Category: Articles
11 October 2022
  • FCA
  • regulations
  • Annual Public Meeting

 

The Financial Conduct Authority’s delayed Annual Public Meeting will take place this week on Wednesday from noon to 12 midday as a virtual meeting.

Read more …

Sally Plant, CISI assistant director, Financial Planning and education development

More younger people turning to Financial Planners

Details
Category: Articles
11 October 2022
  • inflation
  • Financial Planner
  • CISI
  • Sally Plant

The cost-of-living crisis is nudging more younger people to take advice from professionally-qualified Financial Planners.

Read more …

Chris Cummings, Investment Association chief executive

Equity funds report record monthly outflows

Details
Category: Articles
10 October 2022
  • Equity funds
  • Investment Association
  • Chris Cummings
  • stock markets

Equity funds had their highest monthly net retail outflows on record in August as UK savers fled market turmoil.

Read more …

FCA HQ

18% rise in savers first access of pension pots

Details
Category: Articles
10 October 2022
  • pensions
  • FCA
  • annuities
  • ajbell

The number of pension pots accessed by pension savers for the first time surged 18% in 2021/22, new Financial Conduct Authority data reveals.

Read more …

Ian Wilkinson of Perspective

Perspective snaps up 3 more adviser firms

Details
Category: Articles
10 October 2022
  • Perspective
  • Ian Wilkinson
  • mergers
  • Esk Valley Financial Services

Acquisitive Financial Planning group Perspective has acquired three more adviser firms, adding 290 households as clients and £70m assets under management (AUM) to the group.

Read more …

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