CPI inflation in the 12 months to October fell to 4.6%, a significant drop on the 6.7% rate in September.
Read more ...Paul Maynard MP becomes new Pensions Minister
- Wednesday, 15 November 2023
- Articles
Paul Maynard MP, 47, has been appointed as the new Pensions Minister at the Department for Work and Pensions.
Read more ...Titan Wealth acquires £4bn AUM Bristol Planner
- Tuesday, 14 November 2023
- Articles
Fast-expanding wealth manager and Financial Planner Titan Wealth is acquiring £4bn AUM Bristol Financial Planner Aspira Corporate Solutions Limited for an undisclosed sum.
Read more ...NS&I slashes green savings bond rate
- Tuesday, 14 November 2023
- Articles
NS&I has cut the rate on its new three-year Green Savings Bond launched today by almost a third compared to its predecessor - from 5.7% to 3.95%.
Read more ...Fairstone fee income rises by 33%
- Tuesday, 14 November 2023
- Articles
Expanding North East-based national Financial Planning firm Fairstone Group has reported a 33% year-on-year increase in revenue with fee income reaching £114m in the last quarter of 2022, up from £86m on the same period in 2021.
Read more ...Devon adviser banned for £1.2m fraud
- Tuesday, 14 November 2023
- Articles
Devon financial adviser Mark Anthony Jensen has been banned by the FCA after he was found guilty of £1.2m worth of fraud and jailed for more than five years.
Read more ...Fintel snaps up AKG and VouchedFor for £9.1m
- Tuesday, 14 November 2023
- Articles
Fintech and support services firm Fintel, the owner of SimplyBiz and Defaqto, has acquired professional advisers' review site VouchedFor and ratings provider AKG for a combined £9.1m.
Read more ...Professional bodies ask Planners to help with training pilot
- Tuesday, 14 November 2023
- Articles
The Chartered Insurance Institute and Personal Finance Society are seeking Financial Planning firms to take part in a pilot of new 'T Level' qualifications in finance.
Read more ...New Pensions Minister announced
- Monday, 13 November 2023
- Articles
A new Pensions Minister has been appointed after previous incumbent Laura Trott MP was promoted to be Chief Secretary to the Treasury in today's Cabinet reshuffle.
Read more ...NextWealth predicts ‘seismic shift’ in advice firms' structures
- Monday, 13 November 2023
- Articles
Wealth consultancy NextWealth has predicted a "seismic shift" in advice firm structures over next five years with the fee earner to non-fee earner ratio moving from 1:1 to 4:1.
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