Two leading financial services professional bodies have backed new FCA rules, which stipulate that individual members must to include their Professional body membership in its new Directory.
Read more ...57% of Britons don’t know bank balance, research shows
- Monday, 11 March 2019
- Articles
A high percentage of UK adults do not know how to manage their finances in a responsible manner, according to new research.
Read more ...Financial Planner and wealth manager’s top 6 tax tips
- Monday, 11 March 2019
- Articles
Investors should not let uncertainty distract them ahead of tax year end according to wealth manager and Financial Planner Saunderson House, which unveiled its top 6 tax efficiency tips.
Read more ...Drawdown cash withdrawals are ‘set to surge’, figures suggest
- Monday, 11 March 2019
- Articles
As the end of the tax year approaches Hargreaves Lansdown has predicted a surge in drawdown cash withdrawals.
Read more ...'Shocking' £200k FOS award limit rise comes under attack
- Monday, 11 March 2019
- Articles
A decision by the FCA to raise the limit on Financial Ombudsman Service compensation claim awards to £350,000 has been branded “shocking” and “counterproductive”.
Read more ...Parents were key 'savings influencers' for 21m Britons
- Monday, 11 March 2019
- Articles
New research has revealed that parents have been the key savings ‘influencers’ for 21m Britons who have learned long-term habits from their parents.
Read more ...FCA reveals final rules on financial services directory
- Friday, 08 March 2019
- Articles
The FCA has announced the final rules on the Directory - a new public register that enables consumers, firms and others to find information on key individuals working in financial services.
Read more ...FCA more than doubles FOS award limit to £350,000
- Friday, 08 March 2019
- Articles
The FCA has today confirmed that the Financial Ombudsman Service will soon be able to require financial services firms to pay £200,000 more compensation to consumers and businesses.
Read more ...Openwork seeks to close ‘female adviser gap’
- Friday, 08 March 2019
- Articles
Advice network Openwork is marking International Women’s Day by pledging to attract more women into the industry as financial advisers and in its executive management team.
Read more ...Opting out of workplace pension ‘could cost £542k’
- Friday, 08 March 2019
- Articles
As auto-enrolment minimum contributions are set to rise from 5% to 8% in April, new analysis show has shown the cost of opting out of a workplace pension scheme.
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