Articles

Wednesday, 11 January 2023 11:54

3 firms declared as failed by FSCS

Three financial firms, including a Financial Planning firm, have been declared as failed since the start of the year by the Financial Services Compensation Scheme.

Wednesday, 11 January 2023 10:34

1m more to consider annuities - prediction

Nearly one million people are considering annuities for the first time as a result of rising annuity rates, according to a new prediction.

The FCA is planning to update its guidance, introduced during the Covid-19 pandemic, to provide more support to insurance customers facing financial difficulty.

Wednesday, 11 January 2023 10:13

Embark launches new Paraplanner hub

Platform and retirement provider Embark has launched The Paraplanner Room, a new hub for Paraplanners providing topical information and tools.

Wednesday, 11 January 2023 09:40

Bank hit with second money laundering fine

The Financial Conduct Authority has fined Nigerian-owned Guaranty Trust Bank (UK) Limited (GT Bank) £7.67m for “serious weaknesses” in its anti-money laundering (AML) systems and controls.