The Competition and Markets Authority has ordered platform engine provider FNZ to sell rival and takeover target GBST over fears that millions of UK pension savers and investors could face worse service and higher prices.
Read more ...FCA bans 3 financial advisers after sex offences
- Thursday, 05 November 2020
- Articles
The Financial Conduct Authority has banned 3 financial advisers from working in financial services indefinitely - including one in jail for sexual assault - following findings of misconduct.
Read more ...Responsible investment fund sales hit £7.1bn
- Thursday, 05 November 2020
- Articles
Responsible investment funds saw net retail sales of £7.1bn for the year-to-date, up from £1.9bn for the first three quarters of 2019.
Read more ...Pandemic leads to rise in saving
- Thursday, 05 November 2020
- Articles
The Coronavirus pandemic has changed the savings habits of UK individuals with 40% now putting money aside, according to a new report.
Read more ...Bank of England holds base rate and injects £150bn QE
- Thursday, 05 November 2020
- Articles
The Bank of England has released another £150bn of quantitative easing (QE) to help prop up the economy as it enters a second national lockdown today.
Read more ...FCA’s Rathi warns no quick fix for levy crisis
- Thursday, 05 November 2020
- Articles
The new chief executive of the Financial Conduct Authority (FCA) Nikhil Rathi has said it will take two or three years to address the rising costs of the Financial Services Compensation (FSCS) scheme levy.
Read more ...Wealthtime plans to grow after private equity takeover
- Wednesday, 04 November 2020
- Articles
Up and coming adviser platform Wealthtime says it will consider its own acquisitions following the completion of its takeover by European private equity firm AnaCap Financial Partners.
Read more ...Third of new retirees still supporting family
- Wednesday, 04 November 2020
- Articles
Over a third of people set to retire in 2020 are still financially supporting family members, according to new research.
Read more ...Paradigm Norton wins Chartered Firm of Year in PFS Awards
- Tuesday, 03 November 2020
- Articles
Bristol-based Paradigm Norton Financial Planning has won the Personal Finance Society’s Chartered Firm of the Year in the annual PFS Awards.
Read more ...SJP to help ex-military retrain as Financial Planners
- Tuesday, 03 November 2020
- Articles
Wealth manager St James’s Place has launched a new ‘Military Network’ to support current and ex-Armed Forces personnel, and their families, move into a career in financial services including as Financial Planners and support staff.
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