The FCA is to consult on stronger rules on special purpose acquisition companies (SPACs), an increasingly popular takeover vehicle. 

Schroders Personal Wealth (SPW), the Financial Planning joint venture launched by Schroders and Lloyds Bank, has expanded into Northern Ireland and hired two advisers in the region.

The Financial Services Bill, which will help shape UK financial services regulation in the coming decades following Brexit, received Royal Assent yesterday (29 April).

Financial Planners have told Financial Planning Today that they welcome the Financial Conduct Authority (FCA) proposals to strengthen financial promotion rules for high-risk investments, but also suggested more work should be directed at banning other unregulated speculative investments.

Options UK Personal Pensions (formerly Carey UK Pensions) has sought permission from the Supreme Court to appeal the recent judgment by the Court of Appeal in the long-running and pivotal Adams v Carey SIPP case.

The Financial Conduct Authority (FCA) has said it is considering expanding the classification of high-risk investments to include more types of investments which should be subject to marketing restrictions in its proposals to strengthen financial promotion rules.

The majority (89%) of financial advisers are using some form of new technology as a result of the Coronavirus pandemic, with the change likely to be permanent, according to a new report.

Three defendants found guilty of an authorised share scheme now face bankruptcy orders having failed to pay £3.62m in restitution.

Net inflows for the quarter ending 31 March rose 22% to £2.9bn at wealth manager St James’s Place (SJP).

Coutts has begun the process of integrating Financial Planners and wealth managers from its Adam & Company business into the main wealth management and banking firm.