Former Chancellor of the Exchequer Rishi Sunak MP has become Prime Minister today after rivals dropped out of the Conservative Party leadership race.
Read more ...Pension transfer values slump to record lows
- Monday, 24 October 2022
- Articles
Typical pension transfer values slumped to an “unprecedented” low of £181,000 at the end of September - a fall of 8% in one month, according to the latest XPS Pension Transfer index.
Read more ...London Chartered Financial Planner appoints COO
- Monday, 24 October 2022
- Articles
London-based Chartered Financial Planner Capital Asset Management has promoted Chirine Harb to be the firm's new chief operations office (COO).
Read more ...@SIPP hires 2 senior execs from rivals
- Monday, 24 October 2022
- Articles
Pensions and SIPP provider @SIPP has hired Matt Storey from XPS as its new head of business development.
Read more ...60% of black people fear retirement income woes
- Monday, 24 October 2022
- Articles
Nearly six in 10 people (59%) in the Black community fear running out of money in retirement, a new survey has found.
Read more ...FCA fines Barclays provisional £50m over Qatari deals
- Friday, 21 October 2022
- Articles
The FCA has fined Barclays plc and Barclays Banks a provisional £50m over dealings with Qatari investors.
Read more ...Advisers concerned about IHT ‘stealth tax’ threat
- Friday, 21 October 2022
- Articles
Financial advisers and industry experts have expressed concern about the ‘stealth tax’ threat from Inheritance Tax after receipts grew to £3.5bn for the latest six month period, up £400m year on year.
Read more ...FSCS declares East Midlands adviser firm failed
- Friday, 21 October 2022
- Articles
The Financial Services Compensation has declared an East Midlands financial adviser with several trading names as failed, opening the door to clients claiming compensation.
Read more ...Chartered Planner firm makes first acquisition
- Friday, 21 October 2022
- Articles
North London-based Engage Financial Services has made its first acquisition with a deal to buy lifestyle Financial Planning firm Kench & Co Financial Services from its parent accountancy firm.
Read more ...2 pension trustees face trial over £700,000 loan deal
- Friday, 21 October 2022
- Articles
Two former pension trustees are to face trial at Crown Court accused of arranging £700,000 in illegal loans and investments.
Read more ...