The FCA has issued new guidance to advisers on giving pension transfer advice to vulnerable clients.
Read more ...Pension transfer activity hits 5 year low
- Wednesday, 30 August 2023
- Articles
Pension transfer activity has continued its downward decline, hitting a five year low in July and dropping to half the level seen a year earlier.
Read more ...Tax-based investment advice set for a boom - study
- Wednesday, 30 August 2023
- Articles
A new study forecasts a boom ahead for advisers offering tax-effective investment advice as the number of higher rate taxpayers rises inexorably.
Read more ...FSCS warns about scammers targeting LCF victims
- Wednesday, 30 August 2023
- Articles
The Financial Services Compensation Scheme has issued a rare public warning about scammers targeting victims of mini-bond provider London Capital & Finance (LCF).
Read more ...NS&I offers 1 year bond at record rate of 6.2%
- Wednesday, 30 August 2023
- Articles
NS&I has launched new one-year fixed rate Guaranteed Growth Bonds and Guaranteed Income Bonds from today paying up to 6.2% - the highest rate since they were launched in 2008.
Read more ...Raymond James agrees to FCA restrictions
- Tuesday, 29 August 2023
- Articles
US-owned wealth manager and Financial Planner Raymond James Investment Services (FRN 194713) has agreed that it will not employ any new investment managers or open any new branches without the consent of the Financial Conduct Authority.
Read more ...39% of retirees expect to struggle with bills
- Tuesday, 29 August 2023
- Articles
Only three out of five people reckon they will be able to cover their bills in retirement, according to new research from Hargreaves Lansdown.
Read more ...Soaring annuities slash DB transfer compensation
- Tuesday, 29 August 2023
- Articles
People who were ill-advised to transfer out of their DB pension are now likely to be due significantly less compensation, according to actuaries and financial services consultancy OAC.
Read more ...Quilter Cheviot's MPS now on 3 more platforms
- Tuesday, 29 August 2023
- Articles
Investment and wealth manager Quilter Cheviot’s managed portfolio service is now available to Financial Planners using the Morningstar Wealth Platform, Fundment and Titan platforms.
Read more ...Fairstone bucks M&A downturn with record deals
- Tuesday, 29 August 2023
- Articles
Wealth manager Fairstone, which includes one of the UK's biggest Chartered Financial Planners, said it has recorded its best ever six-month period of dealmaking.
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