The parent company of an advisory firm, which was fined £12m by the FCA and banned from hiring advisers last summer, is on the verge of being acquired in a £2.7m deal.
The FCA should be "extremely concerned" if its solution to solving the advice gap is through automated tools rather than human Financial Planners, George Kinder says.
A new charging structure has been set out by Ascentric, which it hopes provide advisers with more options for their clients while aiding its ambition to be seen as the platform of choice.
Many people approaching retirement may be too confused to know how to use their pension pots to deliver a secure guaranteed income for life, a study suggests.
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