Macclesfield-based pension adviser The Chambers Partnership Ltd (FRN 495472) has been declared in default by the FSCS, opening the door to at least one compensation claim.
Read more ...Ukraine and Moldova – the story continues...
- Thursday, 21 December 2023
- Articles
Financial Planners Phil Billingham, David Crozier and Shannon Currie provide an update on their long-running campaign to raise money and support the people of war-torn Ukraine and refugees in neighbouring Moldova.
Read more ...End of road for £565m M&G Property fund
- Thursday, 21 December 2023
- Articles
M&G is to formally wind up its troubled £565m M&G Property Portfolio Fund and sister fund, the M&G Feeder of Property Portfolio, on 29 December.
Read more ...7 in 10 advisers expect pressure on fees
- Thursday, 21 December 2023
- Articles
Nearly seven in 10 financial advisers (69%) expect continuing pressure on client fees due to the impact of the Consumer Duty.
Read more ...US equities are top performers in 2023 as UK lags behind
- Wednesday, 20 December 2023
- Articles
Fund manager and platform Fidelity has revealed the investment winners and losers for its clients in 2023.
Read more ...DB transfer values bounce back from all-time low
- Wednesday, 20 December 2023
- Articles
The DB Pensions Transfer Value Index compiled by XPS Pensions increased by 2.6% during November to £156,000, the biggest increase seen since March.
Read more ...Scottish Budget hits higher earners with new 45% tax band
- Wednesday, 20 December 2023
- Articles
Scotland has introduced a new tax band set at 45% of earnings between £75,000 and £125,140.
Read more ...CPI drops to 3.9% in Christmas cheer
- Wednesday, 20 December 2023
- Articles
The CPI inflation rate dropped from 4.6% in October to 3.9% in November, continuing a rapid decline seen in recent months.
Read more ...FCA warns firms on selling client banks
- Wednesday, 20 December 2023
- Articles
The FCA has warned that it will intervene on the sale of client banks if selling firms fail to make clear any redress liabilities.
Read more ...Defaqto launches Consumer Duty Profiles for MPS
- Tuesday, 19 December 2023
- Articles
Fintech and data provider Defaqto has unveiled new independent Consumer Duty Profiles for the top 20 most-frequently recommended discretionary MPS portfolios.
Read more ...