Cashflow modelling is an extremely good tool where ‘appropriate’, the Personal Finance Society’s chief executive says.
The ABI has hit out at plans to make product providers cough up more to fund the FSCS, suggesting they are unjustified.
Liontrust is to acquire Alliance Trust Investments (ATI) in a deal worth up to £30m which will see ATI’s Investment team and its 11 funds move to Liontrust.
Standard Life has revealed changes to its charging structure for Elevate customers.
The Personal Finance Society has expressed its disappointment that the FCA has ruled out a product levy to help fund the FSCS.
New PII rules are being considered by the FCA in a bid to prevent firms from “riskier practices”.
Product providers will have to cough up more to fund the FSCS under plans unveiled this morning.
The cost to run the Financial Ombudsman Service is set to rise by about £30million.
A Chartered Financial Planning group has announced another takeover.
The FCA has been urged to do more to encourage advisers to cut down lengthy suitability reports.