Crypto crook Olumide Osunkoya faces a prison sentence after pleading guilty to illegally operating a network of illegal crypto ATMs.
Read more ...59% of millennials struggle to save for retirement
- Monday, 30 September 2024
- Articles
Six in ten millennials (59%) reckon their current life stage means they struggle to save for retirement, with only one in five (20%) saying paying into their pension is a priority.
Read more ...Royal London enters bulk purchase annuity market
- Monday, 30 September 2024
- Articles
Mutual pensions firm and life insurer Royal London has today confirmed its entry into the bulk purchase annuity (BPA) market.
Read more ...Tavistock profits soar to £2.23m as legal spat continues
- Monday, 30 September 2024
- Articles
Financial Planning firm Tavistock, which is in the middle of a legal spat with former business partner Titan Wealth Services, said profits climbed fifteenfold to £2.23m in the year to end of March, up from £0.14m in the previous 12 months.
Read more ...Kingswood AUM climbs 8.2% to £12.9bn
- Monday, 30 September 2024
- Articles
Acquisitive wealth manager and Financial Planner Kingswood said group assets under advice and management (AUA&M) climbed to £12.9bn by the end of June, up 8.2% year-on-year.
Read more ...Pension tax relief could be targeted by Chancellor
- Monday, 30 September 2024
- Articles
Chancellor Rachel Reeves is likely to take a close look at pension tax relief as she looks at ways to raise money for the Treasury in her first Budget next month, consultants LCP have warned.
Read more ...Editor’s Comment: A Duty to be proportionate
- Friday, 27 September 2024
- Articles
The FCA gave the broadest hint yet this week that it is ready to reform the Consumer Duty and cut out some of the unnecessary red tape.
Read more ...Pension schemes fined £33,000 for failing value test
- Friday, 27 September 2024
- Articles
Pension schemes have been fined more than £33,000 by The Pensions Regulator (TPR) after failing a detailed value for members (dVFM) assessment.
Read more ...Clients want wealth managers to use technology
- Friday, 27 September 2024
- Articles
Investors would consider switching from a wealth manager that doesn’t modernise and embrace new technology, according to new research.
Read more ...Urgent need for better at-retirement support
- Friday, 27 September 2024
- Articles
There's an urgent need for better at-retirement support, according to former pensions minister Steve Webb, who has called on the FCA to speed up its advice/guidance review.
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