DFM, wealth manager and Chartered Financial Planner Brooks Macdonald has reported an 11.1% increase in underlying profit before tax to £23m for its financial year ending 30 June 2020.
The FCA has fined hedge fund executive Corrado Abbattista £100,000 for market abuse and banned him from any regulatory activity.
One in ten workers have paused pension contributions in the face of the Coronavirus pandemic and its impact on incomes and savings.
Over a third of over-50s are leaving retirement planning to the proverbial ‘last minute’ of two years before retirement or failing to plan at all.
The Consumer Prices Index (CPI) measure of inflation fell sharply from 1% in July to 0.2% in August as the Eat Out to Help Out restaurant scheme kicked in and helped lower eating out prices.
The Court of Appeal has backed the High Court judgement which rejected claims that an increase in State Pension Age affecting women born in the 1950s was discriminatory.
The High Court has found in favour of the arguments advanced for policyholders by the FCA on the majority of the key issues in its business interruption insurance test case.
Aegon has called on the FCA to make sure that their Consumer Investment Market review does not to burden financial advice firms with increasing FSCS levies or professional indemnity premiums.
Profits have risen 56% at adviser support company SimplyBiz, as an improvement in underlying earnings from the first six full months of trading following the Defaqto acquisition helped offset a significant reduction in valuation income.
One in four workers in the UK have changed their pension plans due to the Coronavirus pandemic, according to new research released on Pensions Awareness Day.
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