The FCA has banned financial adviser Omar Hussein and fined him £116,000 for “reckless and unsuitable” pension transfer advice.
Read more ...PFS board criticises parent CII as review begins
- Friday, 15 October 2021
- Articles
The Personal Finance Society board has voiced criticism of its parent body, the Chartered Insurance Institute, as a review of both bodies’ future strategies gets under way.
Read more ...55% rise in new SIPPs business at Dentons
- Friday, 15 October 2021
- Articles
SIPP provider Dentons Pensions has reported a 55% rise in new SIPPs business pushing its total number of schemes above 7,800.
Read more ...FCA chair Charles Randell to step down early
- Friday, 15 October 2021
- Articles
The FCA is hunting for a new chairman to replace Charles Randell who will step down in the Spring, a year earlier than planned.
Read more ...HL client numbers move closer to 1.7m
- Friday, 15 October 2021
- Articles
Investment platform Hargreaves Lansdown signed up 23,000 new clients in the last quarter to push up its total number of active clients to 1.677m, the firm reported today.
Read more ...2 Planning firms achieve CISI’s Accredited status
- Friday, 15 October 2021
- Articles
Two Financial Planning firms - Begley Brown Financial Solutions of Glasgow and Lamb Financial of Newcastle - have joined the 67-firm strong CISI Accredited Financial Planning Firms' community.
Read more ...Jump in judges breaching annual allowance
- Friday, 15 October 2021
- Articles
Almost a third of judges breached the annual pension allowance rules in the 2020/21 tax year, an increase of 239% since 2015/16.
Read more ...Duo launch new SSAS provider
- Thursday, 14 October 2021
- Articles
Debbie Seaton and Nathan Bridgeman have launched a new SSAS provider, SeaBridge SSAS.
Read more ...Planners say demand for inter-generational advice is booming
- Thursday, 14 October 2021
- Articles
Nearly 9 in 10 Financial Planners expect demand for inter-generational advice to grow over the next 5 years, according to new research.
Read more ...Bank of England calls for cryptocurrency regulation
- Thursday, 14 October 2021
- Articles
The Bank of England has called for regulation for cryptocurrency saying that crypto finance “poses risks to financial stability.”
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