The Financial Ombudsman Service is to freeze its individual case fee at £750 for a third year as its strives to reduce the financial strain of its services on regulated firms.
Read more ...UK avoids recession as GDP grows by 0.1%
- Friday, 31 March 2023
- Articles
Latest figures today from ONS show that UK gross domestic product (GDP) in Quarter 4 (Oct to Dec) 2022 was estimated to have grown by 0.1%.
Read more ...9 in 10 advisers ‘optimistic’ about business this year
- Friday, 31 March 2023
- Articles
The vast majority of financial advisers (89%) feel positive about their business this year with only 11% pessimistic.
Read more ...State Pension Age rise to 68 to be reviewed
- Thursday, 30 March 2023
- Articles
Work and Pensions Secretary Mel Stride told MPs in the Commons today that the rise in the State Pension Age to 68 will be put on hold.
Read more ...Tenet appoints new CEO as Scanlon exits
- Thursday, 30 March 2023
- Articles
Financial adviser network Tenet has appointed Helen Ball as its new CEO to replace Mark Scanlon who is leaving the firm with immediate effect.
Read more ...Regulators launch review of Senior Managers’ regime
- Thursday, 30 March 2023
- Articles
The UK’s key financial regulators, the FCA, PRA and Treasury have today launched a sweeping review of the Senior Managers and Certification Regime (SM&CR).
Read more ...Progeny hires new UK MD in shake up
- Thursday, 30 March 2023
- Articles
Fast growing Chartered Financial Planning firm Progeny has appointed a new UK managing director as it plots international growth.
Read more ...Nexus sold for £500,000 after FCA restricts firm
- Wednesday, 29 March 2023
- Articles
Nexus Independent Financial Advisors Limited and Nexus Investment Managers Limited have been sold for a total of £500,000 following restrictions placed on the firm’s activities by the FCA.
Read more ...1.8m more to pay dividend tax
- Wednesday, 29 March 2023
- Articles
Platform and investment provider AJ Bell has warned that an estimated 1.8m more people will pay dividend tax by 2024/25.
Read more ...CII adds ‘green guidance’ to Code of Ethics
- Wednesday, 29 March 2023
- Articles
The Chartered Insurance Institute has published a Green Finance Companion Guide that supports and extends its Code of Ethics.
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