Troubled wealth manager and Financial Planner WH Ireland has reorganised its board after a £5m rescue deal thrashed out in the summer saved the company from being wound up.
Read more ...SIPP providers unite against DWP pension levy plan
- Thursday, 16 November 2023
- Articles
SIPP and SSAS provider professional body the Association of Member-Directed Pension Schemes has expressed “strong opposition” to the DWP's consultation on the general pension levy for pension schemes.
Read more ...MPs launch inquiry into boosting financial education
- Thursday, 16 November 2023
- Articles
The House of Commons Education Committee has today launched an inquiry into ways to strengthen financial education in schools.
Read more ...Platform net flows slump to record low in Q3
- Thursday, 16 November 2023
- Articles
Investment platforms saw their worst ever quarterly net flows in the third quarter - plummeting to just £2.3bn, according to investment research company Fundscape.
Read more ...FCA secures Restraint Order against WealthTek
- Thursday, 16 November 2023
- Articles
The FCA has secured a Restraint Order under the Proceeds of Crime Act 2002 against collapsed Newcastle-based wealth manager WealthTek as a criminal and regulatory investigation continues.
Read more ...7 in 10 adviser clients are over 50
- Thursday, 16 November 2023
- Articles
Close to 7 in 10 (68%) of financial advice clients are over the age of 50, according to a new report.
Read more ...‘Best in class’ fund managers recognised in awards
- Thursday, 16 November 2023
- Articles
Leading fund managers have been recognised as ‘best in class’ in the annual awards of independent fund rating agency RSMR.
Read more ...Aviva wealth division sees 9% drop in net flows
- Thursday, 16 November 2023
- Articles
Aviva’s wealth division has reported a 9% drop in net flows (year-on-year) for the first three quarters of the year.
Read more ...FCA places restrictions on BSPS adviser
- Wednesday, 15 November 2023
- Articles
The Financial Conduct Authority (FCA) has imposed restrictions on KBFS Financial Limited following concerns over its failure to pay redress to former members of the British Steel Pension Scheme.
Read more ...68% of advisers willing to work with sub-£50k portfolios
- Wednesday, 15 November 2023
- Articles
Two in three financial advisers (68%) are offering a proposition for investors with portfolios under £50,000, with a further 19% planning a similar move, according to a new report.
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