The number of approved persons given the green light to work at appointed rep firms within three months of application has significantly improved in the latest quarter.

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The Financial Services Compensation scheme has declared Macclesfield-based financial adviser Chestergate Financial Services Ltd (FRN: 459990) in default.

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IFA directory Unbiased has seen a 48% surge over the past year in the number of advisers using its service to seek clients with assets of at least £500,000 to invest.

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The FCA has instigated fraud proceedings against three people - Kristofer McGuire, Keith Williamson and Karla Walker - for their alleged involvement in an £8m high-risk trading scheme targeting pension savers. 

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The ABI has welcomed the FCA’s plans to clarify the scope of their activity for firms interested in operating a Pensions Dashboard service.

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Chartered Financial Planning firm Attivo has appointed Mark Knowlton as chief technology officer and Charlotte Watson as chief investment officer.

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Investors are continuing to pile into index tracker funds, with technology funds also popular despite some of the largest tech companies encountering a difficult start to 2024, according to fund manager Fidelity International.

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The aggregate surplus of DB pension schemes increased from £455.5bn at the end of March to £458.3bn at the end of April, according to the latest Pension Protection Fund (PPF) 7800 Index.

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The Personal Finance Society Personal Finance Awards 2024/25 are now open for entry, include prestigious awards for Chartered Financial Planner of the Year and Chartered Financial Planning Firm of the Year.

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Verve Foundation, the not-for-profit organisation looking to bring new blood into the profession and help advisers to grow, has launched a new cohort of students starting their journey towards gaining their diploma in regulated Financial Planning.

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