The FCA has issued a £3,503,546 fine to CB Payments Limited (CBPL) for repeatedly breaching a requirement preventing it from offering services to high-risk customers.
Read more ...Iress adds AI adviser assistant integration to Xplan
- Thursday, 25 July 2024
- Articles
Iress has added integration with artificial intelligence-powered adviser assistant tool PlannerPal to its cloud-based advice and wealth management software Xplan.
Read more ...FCA removes permissions from Brentford adviser
- Thursday, 25 July 2024
- Articles
The FCA has cancelled the permissions of Brentford-based Ekara Health Ltd (FRN 940007).
Read more ...Titan acquires Dubai Financial Planning firm
- Thursday, 25 July 2024
- Articles
Titan Wealth has acquired Dubai-based Financial Planning and wealth management firm AHR Group for an undisclosed sum in its first international deal.
Read more ...High Court orders WealthTek to return client assets
- Thursday, 25 July 2024
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The High Court has approved a plan to return client money and customer assets to clients of failed Newcastle-based wealth manager WealthTek.
Read more ...BSPS advisers pay only £8.87m in fines and redress
- Wednesday, 24 July 2024
- Articles
Financial advisers who gave bad advice to BSPS victims have been ordered to pay just £8.87m in fines and redress to BSPS victims - far less than the £50m expected, an FCA report out today reveals.
Read more ...FCA data shows fall in whistleblowing reports
- Wednesday, 24 July 2024
- Articles
The number of whistleblowers contacting the FCA to alert the regulator to suspected wrong-doing fell sharply in the latest quarter, new data shows.
Read more ...Consumers to lose £1.2bn due to bad pension transfers
- Wednesday, 24 July 2024
- Articles
Pension savers are losing £1.2bn each year by unwittingly transferring their pensions to higher charging providers, a new study warns.
Read more ...Pension schemes favour tax incentives
- Tuesday, 23 July 2024
- Articles
Pension schemes are in favour of the Labour government introducing tax incentives to increase pension investment in UK growth, according to a new survey.
Read more ...Pensions Dashboards Week set for September
- Tuesday, 23 July 2024
- Articles
An industry-wide awareness week on Pensions Dashboards will return in September with online events designed to encourage knowledge sharing, insight, and best practice as companies prepare for the dashboards connections starting in eight months.
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