Salford-based financial adviser and professional services firm Frenkel Topping said today that discussions over a £68m takeover bid for the company by private equity firm Harwood are continuing.
Liam Coleman, former Co-op Bank chief executive, has been appointed interim chair of the Financial Ombudsman Service by the FCA.
The gap people need to fill between their income aspirations in retirement and the amount provided by the State Pension has climbed to £18,552, according to new analysis of DWP figures.
London Chartered Financial Planning firm Westminster Wealth Management has hired former Fairstone director Mark Hewson to the newly-created role of director of business operations.
Jean-Noel Alba, the former deputy chief executive officer of French asset manager H2O AM LLP (H2O) has been fined £1,049,500 by the FCA and banned from the financial services industry.
Six people have been charged over a pension fund and SIPP fraud which involved £75m being invested into storage units in the North of England and Scotland.
The State Pension age may need to rise as high as 80 to deal with a long term funding crisis, according to new modelling by pension consultants and actuaries Barnett Waddingham.
A quarter, 24%, of people have little to no idea about how much they and their employers are paying into their pension.
I attended the launch in central London this week of the Personal Finance Society’s £1m drive to find new blood for the profession and tackle the worrying long-term decline in new entrants. It was a sobering morning.
SIPP operator Corporate & Professional Pensions Ltd (FRN: 465748) has been declared in default by the Financial Services Compensation Scheme.