The FCA has set out its business plan for 2024/25, promising to continue to focus on preventing serious harm to consumers, setting higher standards and promoting competition.
Read more ...Saltus appoints ex-Hiscox CEO as chairman
- Tuesday, 19 March 2024
- Articles
Wealth manager and Financial Planning firm Saltus has appointed former Hiscox chief executive Bronek Masojada as chairman to support the firm’s growth agenda.
Read more ...Fintel revenue climbs 0.3% to £56.6m
- Tuesday, 19 March 2024
- Articles
Fintech and adviser support services firm Fintel, owner of SimplyBiz and Defaqto, has reported a 0.3% rise in revenue to £56.6m for the year ending in December, compared to £56.4m in 2022.
Read more ...Irwin Mitchell appoints new Financial Planning chief
- Monday, 18 March 2024
- Articles
Brooks Macdonald senior director Stewart Sanderson has been appointed chief executive of Irwin Mitchell’s Financial Planning business IM Asset Management Limited.
Read more ...FCA provisionally bans and fines fake trader £5.95m
- Monday, 18 March 2024
- Articles
The FCA has provisionally fined Nailesh Teraiya, formerly sole controller and chief executive of Indigo Global Partners Limited (Indigo), £5.95m and has provisionally banned him from carrying out any regulated activity after finding him guilty of making fake trades.
Read more ...New boutique investment house launched through P1
- Monday, 18 March 2024
- Articles
Former Tees Wealth head of investment management Kieran Follis has teamed up with platform P1 Investment Services to launch boutique DFM investment management firm Magellan Research & Investment.
Read more ...Convicted money launderer's family pays up
- Monday, 18 March 2024
- Articles
Convicted money launderer and ex-solicitor Dale Robert Walker, 64, has satisfied a confiscation order after a member of his family paid £33,500 outstanding from £716,719 he was ordered to repay due to his criminal activities relating to an investment scheme.
Read more ...TPR strikers suspend industrial action
- Monday, 18 March 2024
- Articles
Strike action by members of the Public and Commercial Services (PCS) union at The Pensions Regulator has been suspended and staff returned to work last Wednesday.
Read more ...FCA to review treatment of vulnerable customers
- Monday, 18 March 2024
- Articles
The FCA is to conduct a review into what regulated firms are doing to understand and respond to the needs of customers in vulnerable circumstances.
Read more ...Pension savers withdraw £70bn in decade since 'freedoms'
- Friday, 15 March 2024
- Articles
A decade on from George Osborne’s ‘Pension Freedoms’ Budget bombshell announcement in 2014, the latest HMRC data showed that £70bn of retirement cash has since been accessed flexibly by British savers.
Read more ...