The £432m private equity takeover of SIPPs and Financial Planning firm Mattioli Woods is set to complete this week after achieving High Court approval.
Read more ...£432m acquisition of Mattioli Woods to complete this week
- Monday, 02 September 2024
- Articles
Fewer professional reps submitting pension claims
- Friday, 30 August 2024
- Articles
The percentage of professional complaints about pensions and annuities to the Financial Ombudsman Service - including from claims management companies - showed a surprise fall in the latest quarterly period, in marked contrast to a surge in professional complaints overall.
Read more ...Exclusive: Consumer Duty 'reducing' access to advice
- Friday, 30 August 2024
- Articles
Nearly three in 10 Financial Planners (28%) surveyed in an exclusive poll for Financial Planning Today say they have cut the number of clients they serve as a result of the Consumer Duty.
Read more ...Azets snaps up Scottish Financial Planner
- Friday, 30 August 2024
- Articles
International wealth manager, Financial Planner and professional services firm Azets has acquired Scottish Financial Planner and chartered accountancy firm Milne Craig in a major deal for the financial services sector north of the border.
Read more ...Quilter Cheviot lowers fees for nominee MPS
- Thursday, 29 August 2024
- Articles
Discretionary wealth manager Quilter Cheviot has lowered the charges for clients invested in its managed portfolio service (MPS) via its own nominee arrangements.
Read more ...Evelyn Partners adds 2 funds to Sustainable MPS in rebalance
- Thursday, 29 August 2024
- Articles
Wealth manager and Financial Planner Evelyn Partners has added two new funds to its Sustainable MPS in its latest rebalance.
Read more ...Tweed adds £80m in assets with fifth acquisition
- Thursday, 29 August 2024
- Articles
Tweed Wealth Management has acquired Glasgow-based Capital Wealth Consultants (CWC) as it expands into western Scotland.
Read more ...FSCS declares Huddersfield BSPS-linked firm in default
- Thursday, 29 August 2024
- Articles
The Financial Services Compensation Scheme has declared BSPS-linked adviser firm Mark Peter Houlbrook (FRN: 498168) in default over pension transfer advice, opening the door to compensation for ex-clients with valid claims.
Read more ...Nearly half of complaints to FOS from ‘professionals’
- Thursday, 29 August 2024
- Articles
New quarterly data today from the Financial Ombudsman Service has revealed a 70% jump in financial complaints, with nearly half of all complaints from professional representatives including claims management companies (CMCs).
Read more ...DB transfer activity surges in July
- Wednesday, 28 August 2024
- Articles
The number of defined benefit pension transfers in July surged to the highest level since August 2023.
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