Articles
Pension transfers fall in 2020 but scam alerts rise
Written by Kat MitchellPension transfer activity slumped by 20% during 2020 but signs of possible scams climbed with 49% of transfers showing at least one 'red flag', according to a new report.
AFH to resume acquisition drive as revenues rise 4%
Written by Kat MitchellFinancial Planning and wealth management group AFH Financial said it would resume its hunt for acquisitions as revenues rose 4% to £77.1m for the year ending 31 October.
Transact FUD rise 9.1% after high first quarter inflows
Written by Kat MitchellFunds under direction (FUD) at platform Transact totalled £44.82bn at the end of December, an increase of 9.1% over the previous quarter as gross inflows rose.
The Personal Finance Society has been a key mover behind the launch of an independent Financial Vulnerability Taskforce aimed at supporting planners and advisers to spot and tackle consumer vulnerability.
The FCA halted 343 applications for authorisation from firms and individuals in 2020 in a clampdown to protect consumers.
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The FCA has launched a Defined Benefit Advice Assessment Tool to help advisory firms understand how the regulator checks the suitability of Defined Benefit pension transfer advice.
Wealth manager and Financial Planner Kingswood has launched the Kingswood Academy to help train its next generation of Financial Planners.
Workplace fintech Cushon has launched what it claims is the first ‘net zero’ pension.
I was mightily impressed this week by the words from the expanding senior team at Glasgow-based holistic Financial Planning firm Murphy Wealth.