The FCA is to give staff at regulated firms an additional 12 months to pass professional exams due to the Coronavirus outbreak.

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Adviser platform Transact reported today that quarterly Funds Under Direction fell 11% in the first quarter (to 31 March) from £39.31bn to £34.99bn, a drop of £4.4bn.

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Defaqto’s latest Platform Service Review has found an improvement in financial adviser satisfaction but with room for improvement in several areas.

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Fintech firm Model Office has produced a free Covid-19 handbook for Financial Planners.

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In a trading update today, Quilter says its plans to move all advisers and clients to a new platform by the summer are “more uncertain” after the Coronavirus outbreak.

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Baillie Gifford has been named Best Fund House in the 2020 Morningstar UK Fund Awards.

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Financial advisers reported turnover and client numbers grew strongly in 2019, a new study has found.

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The FCA said today it has no ban on e-signatures and they can be acceptable in many circumstances.

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People are saving more and spending less as the impact of the Coronavirus outbreak hits personal finances, according to analysis by the Economic Research Council.

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The CISI has launched an investigation after a website attack resulted in 1,000 customers and members being exposed to the risk of credit card fraud.

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