The FCA has secured $101m (approx £76m) in compensation to UK and other non-US investors in a fund sub-managed by hedge fund firm BlueCrest Capital Management (UK) LLP (BlueCrest) and also imposed a public censure on the company.
North East-based Chartered Financial Planning-focused adviser firm Fairstone has reported revenue and pro forma income grew 21% over the past year to £168m.
AJ Bell Investcentre, AJ Bell’s adviser arm, has launched an integration conduit with Financial Planning software provider Dynamic Planner.
The Financial Conduct Authority has today published plans to support asset tokenisation to “drive innovation and growth in asset management.”
The State Pension is set to rise by 4.8% in April - higher than the 4.7% predicted only a month ago - due to the Triple Lock mechanism, according to a forecast from former Pensions Minister Sir Steve Webb.
Titan Wealth has struck a deal to acquire the £2.2bn AUM Blacktower group of companies, a significant player in the international advice market.
Wealth manager St James’s Place (SJP) says 175 newly-qualified financial advisers have graduated its Financial Adviser Academy.
Nearly a third of financial advisers (30%) want to sell their firms, according to a survey.
Platform Transact has partnered with adviser software provider Intelliflo to launch a new app to improve adviser efficiency.
The vast majority of IFAs (91%) have seen a spike in demand from clients for advice in the run up to the Budget, according to a poll.