The Treasury has written to the FCA and other regulators asking them to disclose their strategies on Artificial Intelligence (AI) regulation.

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The FCA is to quiz the 20 biggest advice firms about their ongoing advice fees and how they are monitoring implementation of the Consumer Duty.

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Virgin Money is to buy Abrdn’s 50% stake in their joint venture called Virgin Money Investments.

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The number of Certified Financial Planner professional worldwide rose by 5.1% in 2023 to reach an all time record of 223,770.

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Nineteen new financial firms have today joined the Treasury-backed Women in Finance Charter which now covers over 400 firms and 1 million employees.

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Three London-based men have been arrested on suspicion of insider dealing, conspiracy to insider deal and money laundering linked to organised crime.

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Wednesday, 14 February 2024
Articles

M&G Wealth has added a new tool help advisers calculate whether their clients could benefits from a Transitional Tax-Free Amount Certificate ahead of the abolition of the Lifetime Allowance (LTA) in April.

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SIPP and SSAS provider body the Association of Member-Directed Pension Schemes (AMPS) has called on the DWP to announce a timetable for decisions over the future of its general levy.

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Over 10,000 financial adverts and other promotions were withdrawn or changed last year following intervention from the FCA.

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The Consumer Prices Index 12 month rate held steady in January at 4% despite predictions from some of a rise to 4.1% or 4.2%.

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