Articles
XPS Pensions Group, the actuarial, consulting and admin business, is to acquire the business and key assets of Manchester-based SIPP and SSAS provider Michael J Field Consulting Actuaries for £3.75m.
New research suggests that wealthier investors are the most likely to be victims of financial scams with 49% of those with assets of £250,000 or more saying they have been victims.
The Prudential Regulation Authority has fined Metro Bank £5.376m for governance failings.
Platform engine provider FNZ has today sold off its acquired rival GBST to a private equity firm after the Competition and Markets Authority (CMA) blocked FNZ’s acquisition of GBST.
The FCA is to consult on launching a redress scheme for pension transfer victims of the British Steel Pension Scheme (BSPS) debacle.
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The FCA has today approved the £280m takeover of wealth manager Charles Stanley by rival wealth firm Raymond James.
Three in 10 (29%) of clients say that their wealth managers may have incorrectly assessed their attitude to investment risk.
The FCA has extended temporary measures allowing firms to opt out of 10% depreciation notices to investors for a further 12 months to December 2022.
The Financial Services Compensation Scheme has warned LCF victims currently receiving compensation cheques that they could be targeted by scammers.