A finance firm must pay £169m in compensation and a £2m fine for failing to tell customers the full cost of a product.
Paraplanners will be guided through the ‘minefield’ of major changes to data protection laws via an online seminar on Wednesday.
The FCA is proposing to retain a wider-scale public register of advisers and others working at financial services firms, it announced this morning.
Only 1 in 5 top jobs are held by women in the pensions, savings and insurance sector, a report has found.
Scottish Widows has unveiled four ‘risk-managed’ multi-asset Retirement Portfolio funds aimed at clients considering or taking withdrawals using the Scottish Widows Retirement Account.
National Financial Planner and retirement specialist LEBC has urged all parts of the pensions sector to back the Pensions Dashboard to help beat pensions scams and improve consumer engagement.
Nearly half of UK millennials have little chance of fulfilling the lifestyle aspirations of their parents and achieving the traditional life goals they want because 7.8m have no long-term savings product.
High profile Chartered Financial Planner Martin Bamford FPFS is to launch a new media business to help Financial Planners reach clients with podcasting, social media and publishing.
Phoenix Group Holdings is planning to buy Standard Life Assurance, the insurance operation, and Vebnet Limited (Standard Life’s employee benefits arm) for a total of £3.24bn.
Synaptic Software, the financial solutions provider, and cashflow modelling software provider CashCalc have both integrated their tools with Intelliflo’s iO (Intelligent Office) Store to provide easier swapping of data and help make the Financial Planning process more efficient.