The FCA and the Prudential Regulation Authority (PRA) have banned and fined Stuart Malcolm Forsyth, the former CEO of a small mutual insurer, £78,318 and £76,180 respectively.
New research from Fitz Partners, based on its ‘UK Fund Charges’ database, has revealed that 23% of retail assets invested in UK funds are still held in pre-RDR share classes that might pay trail commissions to financial advisors.
Hargreaves Lansdown, the Bristol-based investment and wealth management business with 1.2m clients, has selected the German software provider Aixigo AG as its fintech partner for its new advisory processes.
VitalityInvest has launched an update on the performance of its VIRO fund range two years on from inception and expansion of its third-party fund range.
Ben Wilson has been appointed director of advocacy at the Association of British Insurers (ABI).
The completion of the merger of Premier Asset Management and Miton Group has seen the launch of a new company - Premier Miton Investors.
A pre-school nursery and its main director have pleaded guilty to wilful failure to comply with its pension duties and for misleading The Pensions Regulator (TPR) by falsely claiming staff had been put into a pension.
Capita is the fiftieth organisation to support the STAR initiative, which aims to galvanise the industry in its goal of improving the outcomes for individuals wanting to transfer their assets, such as pensions and investments.
The latest packed issue of Financial Planning Today magazine, the professional choice, has been published.
The latest issue of the UK's premier bi-monthly magazine for Financial Planners, Financial Planning Today, has been published.