Wednesday, 15 November 2023
Articles

CPI inflation in the 12 months to October fell to 4.6%, a significant drop on the 6.7% rate in September.

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Paul Maynard MP, 47, has been appointed as the new Pensions Minister at the Department for Work and Pensions.

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Fast-expanding wealth manager and Financial Planner Titan Wealth is acquiring £4bn AUM Bristol Financial Planner Aspira Corporate Solutions Limited for an undisclosed sum.

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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%.

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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.

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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.

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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.

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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.

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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.

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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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