Financial Planners have mostly welcomed the FCA's new Consumer Duty but one leading Financial Planner has shared concerns about how the new rules will be enforced.

Wealth manager and Financial Planner WH Ireland has reported a drop in full year pre-tax profit from £1.5m to £1.4m despite an 11% rise in revenue to £32m.

Financial Planners have nothing to fear from the Financial Conduct Authority’s (FCA) new Consumer Duty rules, according to providers.

Wealth manager Investec Wealth & Investment is to promote chief commercial officer Barbara-Ann King to CEO in October as part of an executive reshuffle.

At 7am this morning the Financial Conduct Authority published its long-awaited policy statement and final guidance for its new Consumer Duty requirements.

The Financial Conduct Authority has extended the deadline for implementation of its new Consumer Duty rules to 12 months.

The Financial Conduct Authority is set to issue its major policy statement and final guidance for the new Consumer Duty requirements early tomorrow morning (Weds 27 July) but what can Financial Planners expect to see?

Four in ten (42.7%) households are on track to achieve a moderate retirement income, according to a new report.

STM Group, parent company of SIPP provider Options, has agreed to acquire the SIPP and SSAS portfolio of US asset manager and pension consultancy Mercer.

Punter Southall Aspire has added Vince Molloy and Simon Ashby to its Chartered Financial Planning arm.