Alexandra Loydon, director of advice policy and operations at St James’s Place

Consumers receiving professional financial advice have added an average of over £150,000 to their wealth, according to a new report.

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Paul Feeney, CEO of Shackleton

Financial Planning firm Shackleton, formerly the Skerritts Group, has added VouchedFor’s client survey system Elevation across the firm.

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New FSCS permanent CEO Martyn Beauchamp

The Financial Services Compensation Scheme (FSCS) has today appointed interim CEO Martyn Beauchamp as its permanent CEO.

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Nearly two thirds (64%) of women claimed to have little or no knowledge of investments compared to 43% of men.

Women in the UK continue to be significantly financially worse off than men, according to a new report.

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Accenture said the acquisition when combined with its technology will help deliver end-to-end transformation projects for clients at scale.

Professional services giant Accenture has acquired technology consultancy firm Altus Consulting from Equisoft for an undisclosed sum.

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Oliver Gregson, incoming CEO of wealth management at Schroders

Asset management giant Schroders saw a five-fold increase in profits from its wealth management joint ventures in 2024, according to its latest financial results.

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The FCA has cancelled the permissions of several advice firms in the past couple of months.

The FCA has cancelled the part 4A regulatory permissions of Stratford-based firm Pan Risk Management Services Limited (FRN: 305302).

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During the quarter the regulator closed more reports than it received, with 388 whistleblowing reports closed during the three months ending 2024.

The number of whistleblowing reports made to the Financial Conduct Authority dipped in the fourth quarter of 2024.

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Any advisers acting on behalf of an investor, or their estate, will need to provide evidence of their authority to act on their behalf.

The Financial Conduct Authority is searching for investors in Asset Land investors who may be due compensation payments.

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Saltus surveyed 200 senior Financial Planners between October and November 2024.

More than four in five Financial Planners (84%) expect assets under management and advice to rise this year, according to a survey.

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