The FCA has today published proposals to compel investment advisers to set aside funds in advance to compensate investors if bad advice is given.
Read more ...Advisers to set aside funds for 'bad advice' costs - FCA
- Wednesday, 29 November 2023
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FCA targets greenwashing with new measures
- Tuesday, 28 November 2023
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The FCA has launched a package of measures to improve the 'trust and transparency' of sustainable investment products and tackle 'greenwashing.'
Read more ...Annuity deals differ by £13,240, says Canada Life
- Tuesday, 28 November 2023
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The top open market annuity could pay £662 more a year over a typical 20-year period than the worst-paying, according to Canada Life.
Read more ...160,000 financial services workers need skills upgrade
- Tuesday, 28 November 2023
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Some 160,000 financial services workers need their skills upgraded according to a new report which suggests that improving workers could provide an additional £555m a year to the UK economy.
Read more ...Planners must improve retirement income assessments
- Tuesday, 28 November 2023
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Financial Planners and advisers need to improve their approach to retirement income suitability assessments by considering clients' financial personality, such as whether they are spenders or savers.
Read more ...PFS celebrates 105 new Chartered and Fellow members
- Tuesday, 28 November 2023
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More than 100 new Chartered and fellow members of the Personal Finance Society have celebrated their graduation at Westminster Chapel in London.
Read more ...Chartered Planner Fairey snaps up £100m AUM Norfolk rival
- Monday, 27 November 2023
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East Anglian Chartered Financial Planning firm Fairey Associates has acquired Norfolk’s £100m AUM Tailored Retirement & Investment Planning for an undisclosed sum.
Read more ...Typical DB pension transfer values slip below £150k
- Monday, 27 November 2023
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The transfer value a typical DB pension could fetch fell below £150,000 in October for the first time since last year’s mini budget, according to pensions and SIPP firm XPS Group.
Read more ...FCA bans 2 'incompetent' Wales BSPS advisers
- Monday, 27 November 2023
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The FCA has banned Nigel Lewis and Susan Jones of West Wales Financial Services Limited (in liquidation) (FRN: 756482) from advising customers on pension transfers and pension opt outs after accusing them of performing "a double act of carelessness and incompetence" in relation to BSPS advice.
Read more ...Foster Denovo acquires employee benefits business
- Monday, 27 November 2023
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Expanding national advice firm Foster Denovo has agreed to acquire Punter Southall Aspire’s employee benefits business for an undisclosed amount.
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