The first half of 2021 saw total net retail fund sales of £24bn, the highest level of half-year sales since 2017.
Read more ...Bank of England maintains rate at 0.1%
- Thursday, 05 August 2021
- Articles
The Bank of England’s Monetary Policy Committee (MPC) has held interest rates at 0.1%, despite rising inflation fears.
Read more ...Tenet acquires northern wealth management firm
- Thursday, 05 August 2021
- Articles
Acquisitive financial adviser group Tenet has acquired Leeds-based wealth management firm Astute Financial Advisers Ltd.
Read more ...FCA puts brakes on high-risk investment provider
- Thursday, 05 August 2021
- Articles
The Financial Conduct Authority (FCA) has acted to stop Cyprus-based BDSwiss Holding Plc, and other firms from the BDSwiss Group, from offering high risk contracts for differences (CFDs) to UK investors.
Read more ...Government banks on pension savers to power UK economy
- Thursday, 05 August 2021
- Articles
Prime Minister Boris Johnson and Chancellor Rishi Sunak have written an open letter calling on UK pension schemes and institutional investors to deliver an ‘investment big bang’ to power the UK economy back to health.
Read more ...Vanguard to pay vaccinated workers $1,000 bonus
- Thursday, 05 August 2021
- Articles
Fund manager Vanguard has offered to pay its 16,500 US workers $1,000 each to get the Coronavirus vaccine.
Read more ...CISI urges more Planners to join Financial Planning Week
- Thursday, 05 August 2021
- Articles
The Chartered Institute for Securities & Investment (CISI) has called for more Financial Planners to sign up to take part in this year’s Financial Planning Week.
Read more ...Investors set for £11m payout as FCA wins Avacade appeal
- Thursday, 05 August 2021
- Articles
The Court of Appeal has upheld findings of breaches against illegal pension introducers Alexandra Associates (UK) Limited trading as Avacade Future Solutions (AA), and Craig and Lee Lummis in a case brought by the Financial Conduct Authority (FCA).
Read more ...Planners quadruple client financial wellbeing
- Wednesday, 04 August 2021
- Articles
Consumers with a Financial Planner are four times more likely than those without to have high levels of financial wellbeing, according to a new report.
Read more ...PIMFA calls for Consumer Duty clarity
- Wednesday, 04 August 2021
- Articles
Wealth management trade body PIMFA has called on the Financial Conduct Authority (FCA) to urgently clarify its expectations around its new Consumer Duty.
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