Articles
Clients urged to claim against their SIPP adviser
Written by Kat MitchellThe Financial Services Compensation Scheme has told clients of failed SIPP provider Forthplus Pensions to bring claims against their financial advisers.
Women harder hit by financial impact of pandemic
Written by Kat MitchellOne fifth (22%) of women consider themselves worse off financially compared to a year ago due to the Coronavirus pandemic, according to new research.
Investment management and Financial Planning group Rathbones has increased funds under management and administration (FUMA) by 25%, according to the first trading update since the completion of its acquisition of Saunderson House.
The Financial Conduct Authority is to launch two market studies to investigate access and competition in the wholesale data market.
Pension pots cashed in without advice on the rise
Written by Kat MitchellIn 2020/21 61.3% of pension pots over £50,000 cashed in were withdrawn without financial advice, a rise from the 58.9% seen the previous year.
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More adviser firms are buying investment companies via adviser platforms than ever before with an 18% rise in purchases year-on-year last year.
VitalityInvest, the investment arm of Vitality, has introduced a 0.15% annual product charge with a charge cap on amounts invested above £200,000.
Frenkel Topping acquires personal injury firm in £10m deal
Written by Kat MitchellFinancial advice firm Frenkel Topping has acquired Cardinal Management which provides support and advice services to NHS major trauma centres.
M&A could create more sustainable Planning profession
Written by Kat MitchellIncreased consolidation among Financial Planning firms could create a more sustainable profession, according to a number of Financial Planners.