New research has revealed that parents have been the key savings ‘influencers’ for 21m Britons who have learned long-term habits from their parents.
Read more ...FCA reveals final rules on financial services directory
- Friday, 08 March 2019
- Articles
The FCA has announced the final rules on the Directory - a new public register that enables consumers, firms and others to find information on key individuals working in financial services.
Read more ...FCA more than doubles FOS award limit to £350,000
- Friday, 08 March 2019
- Articles
The FCA has today confirmed that the Financial Ombudsman Service will soon be able to require financial services firms to pay £200,000 more compensation to consumers and businesses.
Read more ...Openwork seeks to close ‘female adviser gap’
- Friday, 08 March 2019
- Articles
Advice network Openwork is marking International Women’s Day by pledging to attract more women into the industry as financial advisers and in its executive management team.
Read more ...Opting out of workplace pension ‘could cost £542k’
- Friday, 08 March 2019
- Articles
As auto-enrolment minimum contributions are set to rise from 5% to 8% in April, new analysis show has shown the cost of opting out of a workplace pension scheme.
Read more ...57% of women have never seen a financial adviser
- Friday, 08 March 2019
- Articles
Large-scale research carried out for PwC for today’s (8 March) International Women’s Day has found that 57% of women have never seen a financial adviser.
Read more ...Trustee accused of defrauding disability charity pension scheme
- Friday, 08 March 2019
- Articles
The former head of a charity for the disabled is to be prosecuted on suspicion of defrauding its pension scheme.
Read more ...Money podcaster Pete Matthew seals 7IM partnership
- Thursday, 07 March 2019
- Articles
UK-based money podcast and 7IM have launched a “groundbreaking”, low-cost investment service to make it easy for viewers and listeners to invest in funds that match their appetite for risk.
Read more ...Aviva results show platform flows down £2.3bn
- Thursday, 07 March 2019
- Articles
Aviva’s 2018 preliminary results have revealed a fall of 37% in net platform inflows, following disruption from its migration to FNZ technology.
Read more ...FSCS refuses claims against failed £236m mini-bond firm
- Thursday, 07 March 2019
- Articles
The Financial Services Compensation Scheme has said it will not accept claims over collapsed mini-bond firm London Capital & Finance (LCF).
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