Articles
Inaccurate national insurance records have led to state pensioners missing out on £470m due to them, according to new data published by the Department for Work and Pensions.
Investment manager and Financial Planner Abrdn has simplified the charging structure on its Wrap platform, including cutting prices by up to 15bps.
The ‘Advice gap’ continues to crop up in the news, whether by way of being a problem for Artificial Intelligence to solve, or the source of regret from retiring consumers who did not, or could not, get timely and useful advice at a critical time in their lives.
Expanding pension consultancy Barnett Waddingham has appointed four new managing partners to support its growth strategy, the firm said.
Fake trader Guy Flintham - who splashed out more than £1m of investors' money on a "extravagant lifestyle" - has been jailed for six years over a £19m unauthorised Ponzi-style investment scheme.
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There was some shock this week when the FCA announced that it was charging nine social media influencers, including some reality TV stars, in connection with promotion of an unauthorised investment trading scheme.
MKC Wealth, the expanding wealth manager, has acquired Dartford-based Gibson Lamb and Mulberry Financial of Macclesfield for undisclosed sums.
The FCA has written a Dear CEO letter to provider bosses to alert them to potential gaps in data as the Consumer Duty deadline for closed products looms.
Fintech and investment provider Timeline has launched its own adviser platform promising a platform fee of a typical 0.15%.