Articles
Two investment advice firms have been declared as failed by the Financial Services Compensation Scheme.
Experienced financial services lawyer Rachel Kent is to succeed Amerdeep Somal as the Financial Regulators' Complaints Commissioner, starting a five-year term starting on 1 January.
The Financial Services Compensation Scheme faces a payout of up to £124m after declaring collapsed SIPP and SSAS firm Rowanmoor as failed.
The FCA has issued a public warning about an unauthorised investment firm called Charles Dickins Ltd (sic) which may be providing or promoting financial services products without permission.
Perhaps not surprisingly the Association of British Insurers has concluded, after carrying out an advice experiment, that personalised guidance really can work.
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New research by the ABI has revealed that 76% of the people it included in an advice 'experiment' made decisions leading to a better financial outcome when guidance was ‘personalised’ to an individual’s circumstances.
Compensation for the victims of the Woodford Equity Income fund collapse is a step nearer after creditors voted in favour this week of a scheme of arrangement.
Succession Wealth has appointed Roger Marsden, managing director, retail UK savings and retirement at Aviva, to become its new CEO.
The Personal Finance Society’s interim chair, Andy Briscoe, has quit the role after only six months.