Articles
Women a step closer to closing gender pension gap
Written by Kat MitchellGeneration Z women - those born between the late nineties and early to mid 2000s - are making steps towards closing the gender pension gap by prioritising saving for retirement better than other generations, according to a new report.
Abrdn to cut MPS fees on Wrap and Elevate platforms
Written by Kat MitchellAbrdn is reducing the fee on its Abrdn MPS and Abrdn Sustainable MPS ranges on the Wrap and Elevate platforms from 1 December.
Investment manager Artemis is to launch a new consumer brand-focused fund tomorrow, Friday 1 December.
Oxbridge-educated 'green' fraudster gets 8 more years in jail
KevinOne of five Oxbridge-educated fraudsters - who conned wealthy individuals to invest £65m in fake “green” projects - has been sentenced to an additional eight years in prison this week for non-payment of a £2.7m Confiscation Order.
The Government has issued a new Financial Bill which includes the legal mechanism for the abolition of the pensions Lifetime Allowance (LTA).
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Advisers face setting aside up to 28% of liabilities - FCA
Written by Kat MitchellProposals from the FCA would require investment advisers to set aside a minimum of 28% of potential liabilities in advance to compensate investors if bad advice is given.
FCA 'polluter pays' proposals cautiously welcomed by Planners
Written by Kat MitchellThe FCA’s plans to make investment advisers set aside funds in advance to compensate investors if bad advice is given have been cautiously welcomed by Financial Planners.
Under-fire Hargreaves Lansdown (HL) chair Deanna Oppenheimer has unexpectedly announced today that she will step down from the role and will be replaced by Alison Platt, a former chair of L&G Financial Advice and former CEO of advice network Countrywide.
The FCA has today published proposals to compel investment advisers to set aside funds in advance to compensate investors if bad advice is given.