The Consumer Prices Index rate of inflation held steady at 6.7% in September, disappointing some commentators.
Read more ...Transact owner reports near £5bn rise in funds
- Tuesday, 17 October 2023
- Articles

Platform Transact has reported total Funds Under Direction for Q4 rose by nearly £5bn year on year to hit a record £54.9bn, according to figures released today by parent company Integrafin Holdings plc (IHP).
Read more ...FUM rises at SJP but gross inflows fall
- Tuesday, 17 October 2023
- Articles

Wealth manager St James's Place (SJP) - which announced a major overhaul of charges today - has reported gross and net inflows down in the three months ended September.
Read more ...FSCS pushes back permanent CEO hire to April
- Tuesday, 17 October 2023
- Articles

The Financial Services Compensation Scheme, the government back financial safety-net scheme, has appointed a new interim CEO today but says a new permanent CEO will not be appointed until after April.
Read more ...Acquisitive new group MRW acquires 3 adviser firms
- Tuesday, 17 October 2023
- Articles

Newly-launched adviser firm MRW Group has acquired three financial advisory firms with the help of funding from OakNorth, a bank for entrepreneurs.
Read more ...What the new SJP charges may look like
- Tuesday, 17 October 2023
- Articles

Wealth manager St James’s Place announced today that its much-criticised charging structure will be full revamped by the second half of 2025.
Read more ...SJP to scrap exit charges in major revamp
- Tuesday, 17 October 2023
- Articles

After intense pressure from several quarters, wealth manager St James's Place said today that it would scrap most exit charges in a major overhaul due to be implemented in the second half of 2025.
Read more ...Foster Denovo AUM climbs 9% to £1.2bn
- Tuesday, 17 October 2023
- Articles

Expanding national advice firm Foster Denovo Group has reported assets under management in 2022 rose to £1.2bn, up 9% on 2021.
Read more ...3 in 4 UK adults targeted by scams
- Tuesday, 17 October 2023
- Articles

Nearly three-quarters of people have been targeted by scams in the past year with a majority of approaches online, according to new figures published today.
Read more ...'Compliance' tops whistleblower allegations
- Monday, 16 October 2023
- Articles

‘Compliance’ was the top reason for whistleblowers to complain to the FCA in June, with 63 reports being made to the regulator about the issue during the month.
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