The Financial Services Compensation Scheme (FSCS), the industry-funded consumer compensation body, declared five regulated firms in default in June and July, it reported today.
Plans to make the unused pension pots of people who die before the minimum pension age subject to inheritance tax, have been termed ‘unfair’ by SSAS provider the WBR Group.
Two in five, 40%, IFAs expect the FCA’s advice guidance boundary review to boost demand for their services.
Trevor Edwards, the CII’s group finance director, has left the board of the Personal Finance Society after less than a year in the role.
A new IFA consolidator, which aims to be one of the UK’s leading Financial Planning businesses, has launched today with its first acquisition, a £1.1bn AUA firm.
Salford-based financial adviser and professional services firm Frenkel Topping - which is in discussions over a £68m takeover bid by private equity firm Harwood - said funds under management grew to £1.63bn in the first six months of the year, up from £1.46bn in the first half of 2024.
The number of people paying dividend tax is expected to reach a record 3.67m in the 2024/25 tax year.
Pension savers have maintained strong contribution levels in the first half of 2025, sustaining the record momentum seen in 2024, according to new analysis of their own customers by pension specialist PensionBee.
Pension and investment provider Royal London said its AUM climbed £8bn to £181bn in the six months to the end of June, it reported in half-year results.
Peter Martin, former Odey Asset Management CEO, has joined wealth planner and boutique investment house Oberon Investments Group.