One of five Oxbridge-educated fraudsters - who conned wealthy individuals to invest £65m in fake “green” projects - has been sentenced to an additional eight years in prison this week for non-payment of a £2.7m Confiscation Order.
Read more ...Oxbridge-educated 'green' fraudster gets 8 more years in jail
- Thursday, 30 November 2023
- Articles
Govt presses ahead with LTA abolition
- Wednesday, 29 November 2023
- Articles
The Government has issued a new Financial Bill which includes the legal mechanism for the abolition of the pensions Lifetime Allowance (LTA).
Read more ...Advisers face setting aside up to 28% of liabilities - FCA
- Wednesday, 29 November 2023
- Articles
Proposals from the FCA would require investment advisers to set aside a minimum of 28% of potential liabilities in advance to compensate investors if bad advice is given.
Read more ...FCA 'polluter pays' proposals cautiously welcomed by Planners
- Wednesday, 29 November 2023
- Articles
The FCA’s plans to make investment advisers set aside funds in advance to compensate investors if bad advice is given have been cautiously welcomed by Financial Planners.
Read more ...Shock as Hargreaves Lansdown chair exits
- Wednesday, 29 November 2023
- Articles
Under-fire Hargreaves Lansdown (HL) chair Deanna Oppenheimer has unexpectedly announced today that she will step down from the role and will be replaced by Alison Platt, a former chair of L&G Financial Advice and former CEO of advice network Countrywide.
Read more ...Advisers to set aside funds for 'bad advice' costs - FCA
- Wednesday, 29 November 2023
- Articles
The FCA has today published proposals to compel investment advisers to set aside funds in advance to compensate investors if bad advice is given.
Read more ...FCA targets greenwashing with new measures
- Tuesday, 28 November 2023
- Articles
The FCA has launched a package of measures to improve the 'trust and transparency' of sustainable investment products and tackle 'greenwashing.'
Read more ...Annuity deals differ by £13,240, says Canada Life
- Tuesday, 28 November 2023
- Articles
The top open market annuity could pay £662 more a year over a typical 20-year period than the worst-paying, according to Canada Life.
Read more ...160,000 financial services workers need skills upgrade
- Tuesday, 28 November 2023
- Articles
Some 160,000 financial services workers need their skills upgraded according to a new report which suggests that improving workers could provide an additional £555m a year to the UK economy.
Read more ...Planners must improve retirement income assessments
- Tuesday, 28 November 2023
- Articles
Financial Planners and advisers need to improve their approach to retirement income suitability assessments by considering clients' financial personality, such as whether they are spenders or savers.
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