SIPP industry veteran John Moret has warned the sector that it must grasp the potential impact for SIPP providers of the new Consumer Duty requirements.
Read more ...Industry veteran warns on Consumer Duty SIPP impact
- Thursday, 08 December 2022
- Articles
FCA fines brokers £4.8m for market abuse
- Thursday, 08 December 2022
- Articles
The Financial Conduct Authority has fined BGC Brokers LP, GFI Brokers Limited and GFI Securities Limited (together, BGC/GFI) £4,775,200 for failing to ensure they had appropriate systems and controls in place to effectively detect market abuse.
Read more ...Wren Sterling buys £270m AUM North West adviser
- Thursday, 08 December 2022
- Articles
Fast-expanding Nottingham-based Financial Planner Wren Sterling has acquired north east-based advisers Morfitt & Turnbull (Management Services), which has around £270m of client assets.
Read more ...Hargreaves Lansdown appoints new CEO
- Thursday, 08 December 2022
- Articles
Platform and wealth manager Hargreaves Lansdown has appointed Dunnhumby boss Dan Olley as its new chief executive officer and executive director, subject to regulatory approval.
Read more ...Defaqto to add cashflow modelling to Engage package
- Thursday, 08 December 2022
- Articles
Financial Planning software and data provider Defaqto will bolt on a comprehensive cashflow modelling tool to its Engage Financial Planning system from next year.
Read more ...FSCS confirms 10 regulated firms in default
- Wednesday, 07 December 2022
- Articles
The Financial Services Compensation Scheme has reported that 10 regulated firms defaulted in October and November.
Read more ...Guernsey-firm acquires SIPP provider Alltrust
- Wednesday, 07 December 2022
- Articles
Guernsey-based trust and pension company the UAP Group (UAP) has acquired SIPP provider Alltrust Services and has backed Alltrust's acquisition today of failed firm Rowanmoor Personal Pensions.
Read more ...FCA bans 3 bond traders for market manipulation
- Wednesday, 07 December 2022
- Articles
The FCA has provisionally banned three bond traders for market manipulation.
Read more ...WestBridge acquires SSAS book from Rowanmoor
- Wednesday, 07 December 2022
- Articles
SSAS firm WestBridge Group is to acquire the employees, clients and assets of Rowanmoor Executive Pensions Limited’s (REPL) book of 3,500 small self-administered schemes (SSAS), for an undisclosed sum.
Read more ...Fairstone acquires £170m FUM Complete Financial Planning
- Wednesday, 07 December 2022
- Articles
Fast-growing Chartered Financial Planning firm Fairstone has acquired Hereford-based Complete Financial Planning.
Read more ...