Articles
The Financial Conduct Authority (FCA) has proposed a price cap on the fees claims management companies (CMCs) charge their customers in relation to claims for financial products and services.
Close Brothers client assets rebound after pandemic shock
Written by Kat MitchellClient assets at Close Brothers Asset Management have rebounded to £15bn at the end of 2020.
Nucleus launches new model portfolio service
Written by Kat MitchellNucleus has launched its new model portfolio service, Nucleus IMX, after it was soft launched in 2020.
There was a 12.5% drop in the sales of equity release plans in 2020, according to a new report.
SFO obtains order against Ponzi fraudster’s SIPP
Written by Kat MitchellThe Serious Fraud Office has secured an increased confiscation order against former stockbroker and convicted Ponzi scheme fraudster Nicholas Levene.
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AJ Bell platform assets rise 17% to top £55bn
Written by Kat MitchellPlatform assets administration at investment platform AJ Bell rose 17% to £55.2bn in 2020, according to its annual results released today.
Wealth manager and pensions firm Mattioli Woods has taken a stake in Tiller Group, a financial technology (fintech) company which closed its robo advice arm in 2019.
The FCA has revealed that 50% of authorised firms previously using the Gabriel data reporting system have moved across to the regulator’s new RegData data collection system.
Fund manager Jupiter has reshuffled its sustainable investing team in a move which sees the exit of 20 year Jupiter veteran Charlie Thomas for a new role outside the company.