The FCA has fined Huddersfield-based Inspirational Financial Management Ltd (FRN 223511) £897,840 after it poorly advised people to transfer out of DB pension schemes, including the British Steel Pension Scheme (BSPS).
Read more ...Schroders and PMI launch Lifetime Savings Initiative
- Monday, 11 March 2024
- Articles
Schroders and the Pensions Management Institute (PMI) have today launched a joint 'Lifetime Savings Initiative' (LSI), a project to shine a light on the challenges facing UK savers.
Read more ...Chartered Planner leads Celtic’s North West charge
- Monday, 11 March 2024
- Articles
North Wales-based Celtic Financial Planning has recruited former AFH Wealth Management Chartered Financial Planner Chris Lloyd to extend the firm’s operations in the North West of England.
Read more ...Annuity rates look set to remain at historical highs
- Monday, 11 March 2024
- Articles
A 65-year-old with a £100,000 pension could earn up to £7,430 per year from an annuity, the highest since last October, according to data from Hargreaves Lansdown.
Read more ...Compliance concerns top whistleblower allegations
- Monday, 11 March 2024
- Articles
Compliance was the top reason for whistleblowers to complain to the FCA in December, with 41 reports being made to the regulator about the issue during the month.
Read more ...Craven Street absorbs Punter Southall Financial Planning arm
- Friday, 08 March 2024
- Articles
Chartered Financial Planner Craven Street Wealth has completed its acquisition of Punter Southall Aspire’s Financial Planning division which was announced in January.
Read more ...FCA steps up efforts to tackle industry bullying
- Friday, 08 March 2024
- Articles
The FCA said today that it would step up its efforts to tackle misconduct such as bullying and sexual harassment at regulated firms.
Read more ...PE firm Pollen Street to buy Mattioli Woods for £432m
- Friday, 08 March 2024
- Articles
Private equity investor Pollen Street Capital is to acquire SIPPs and Financial Planning firm Mattioli Woods in a £432m deal announced today.
Read more ...International Women’s Day: Most women failing to pension plan
- Friday, 08 March 2024
- Articles
Three in five (60%) women have failed to do any pension planning outside workplace auto-enrolment, according to a new report published to coincide with International Women's Day today.
Read more ...Profits up 18% for Brooks Macdonald after headcount cut
- Thursday, 07 March 2024
- Articles
Underlying profit before tax rose 18% year-on-year to £17.1m (H1 FY23: £14.5m) for wealth manager and Financial Planner Brooks Macdonald for the six months ended 31 December.
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