Chartered Financial Planner Darren Antony Reynolds has been banned from being a director for 13 years for pension transfer failings which resulted in clients losing £24m from their pensions.
Total global financial wealth soared by 8.3% in 2020 to a record £178 trillion despite predictions of a decline due to Covid-19, according to a new report by the Boston Consulting Group.
The London Institute of Banking & Finance (LIBF) has launched a new professional recognition designation for mortgage advisers.
Wealth manager Quilter has appointed Tosin James-Odukoya as its new head of inclusion and wellbeing.
Three directors of Financial Planning and wealth management group AFH have resigned today as the £232m sale of the business went through.
Digital IFA disruptor Fintuity has raised £2.15m of private and institutional investment to develop solutions to extend financial advice and attempt to close the UK’s growing financial advice gap.
JP Morgan Chase has acquired loss-making digital wealth manager Nutmeg as it looks to expand its retail digital wealth management offering.
Independent Wealth Planners (IWP) has acquired Guildford-based Financial Planning firm Omnium Capital Limited.
The number of defined benefit pension transfers with at least one warning sign of a potential scam or poor member outcomes has hit its highest level in five months.
Over 2.3m UK adults now own cryptocurrency, according to the latest research from the Financial Conduct Authority (FCA).