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.
Read more ...TIME Freehold is latest property fund to suspend trading
- Wednesday, 15 November 2023
- Articles
TIME has suspended trading in its TIME Freehold fund following the launch of a Government consultation into leasehold arrangements.
Read more ...SJP reviewing exec bonus scheme following criticism
- Wednesday, 15 November 2023
- Articles
Wealth manager St James’s Place is reviewing the way one of its executive bonus schemes is awarded following criticism from some shareholders.
Read more ...Chartered Planner publishes 21st book
- Wednesday, 15 November 2023
- Articles
Chartered Financial Planner Professor Tony Granger has published his 21st book, focusing on corporate Financial Planning.
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