Articles
The FCA and PRA have hit Goldman Sachs International (GSI) with a fine of £96.6m for management failings in dealing with allegations of bribery and staff misconduct.
Brexit-focused Financial Services Bill gets first reading
Written by Kat MitchellThe Financial Services Bill received its first reading in Parliament this week as the Government focuses on getting the financial services sector ready for Brexit.
LCF pay-outs reach £38.1m as claims process drags on
Written by Kat MitchellThe Financial Services Compensation Scheme has paid out just over £38.1m in compensation to LCF customers, a substantial increase from the £20m paid out by August when the body increased the team allocated to the case by nearly 80%.
Expect a rise in critical illness claims says LV=
Written by Kat MitchellProtection and pension provider LV= said it expects to see a rise in income protection and critical illness claims in 2021 due to a backlog of cancer screenings.
Walker Crips appoints Chartered Financial Planner
Written by Kat MitchellInvestment manager Walker Crips has appointed a Chartered Financial Planner to strengthen the firm’s Financial Planning-focused wealth management division.
More...
Head of Financial Planning Lockie to leave CISI
Written by Kat MitchellJacqueline Lockie CFP Chartered FCSI, the Chartered Institute for Securities & Investment’s head of Financial Planning, will leave the professional body at the end of the year.
Openwork urges job-threat finance staff to retrain as advisers
Written by Kat MitchellOpenwork, one of the biggest financial advice networks with 4,000 advisers in the UK, has urged insurance and banking workers facing redundancy to turn to the financial advice sector for job opportunities.
AJ Bell reports 11% rise in advised customers
Written by Kat MitchellInvestment platform AJ Bell has reported an 11% rise in advised customers during its financial year ended 30 September 2020.
Wealth manager Quilter has reported a year on year rise in assets and a modest recovery in inflows.