A new Financial Planning and fund management firm launched today with the acquisition of Charter Financial Planning and Rice Whatmough Crozier.

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The Treasury is working with the Financial Conduct Authority on “sustainability” requirements for Financial Planners.

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Advisers placed almost £2bn with investment platform Transact during the quarter ended 30 September 2021.

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The Financial Conduct Authority (FCA) has written to 3,591 DB transfer advice customers of 10 advice firms to encourage them to make a claim via the Financial Services Compensation Scheme (FSCS).

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The Financial Services Compensation Scheme has declared 12 firms in default, including a number of financial advisers and wealth managers.

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Under a third of pensions professionals believe pension dashboards will be of use by 2025.

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Independent Wealth Planners (IWP) has acquired Acuity Wealth Management and founded a virtual advice service.

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Legal & General will merge its retail insurance and pensions divisions from the start of next year.

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Assets under management jumped from £98bn to £111.4bn at Schroders JV & associates in the three months to 30 September.

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A leading Chartered Financial Planner has called on the Financial Conduct Authority (FCA) to redefine risk classifications to reflect current conditions.

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