Wealth manager St James's Place said 2022 was its second-best year for new business, despite the tough economic backdrop and a drop in inflows.

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The Financial Conduct Authority has issued a warning about pre-paid probate plans, which are unregulated in the UK.

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A former analyst at asset manager Janus Henderson has been charged, along with four others, with conspiracy to commit insider dealing and money laundering from which they pocketed £1.5m.

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Newspaper reports suggesting that the state pension age could rise to 68 sooner than expected are an example of the Prime Minister “playing with political fire,” according to one pension expert.

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Wealth manager Quilter has reported a fall in assets under management and net inflows in its fourth quarter, but bosses said the firm ended the year on “a solid note.”

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The Financial Services Culture Board (FSCB) - a body aiming to improve the standards and culture of the financial services sector - is to close after eight years due to finances drying up.

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Wednesday, 25 January 2023
Articles

Platform Transact has recruited Investec’s head of IT Damien Francis to the newly-created role of chief technology officer.

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A third of UK adults are in the dark about how they would fund later life care despite being only a year away from retirement, according to new research.

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Some financial services firms are at risk of being unable to apply the new Consumer Duty rules which come into force in six months, the FCA has warned.

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Defined benefit transfer values fell by more than a third last year as investor concerns over UK debt drove gilt yields higher, according to new analysis.

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