The FCA has called on insurance firms to improve bereavement handling times and share best practice after it found it took up to 122 days to process a claim.
Read more ...Barclays fined £40m for 'reckless' action in 2008
- Monday, 25 November 2024
- Articles

Barclays Bank has been fined £40m for failing to disclose a fund raising deal with Qatari entities in 2008 at the height of the financial crisis in that year.
Read more ...MKC Wealth acquires 2 firms in Greater Manchester
- Monday, 25 November 2024
- Articles

MKC Wealth, the expanding wealth manager backed by Cabot Square Capital, has acquired two adviser firms.
Read more ...IHT receipts set to hit £8.5bn this year
- Friday, 22 November 2024
- Articles

Inheritance tax (IHT) receipts are on course to be around 40% higher than three years ago following the first seven months of official data for the current tax year.
Read more ...Platforms Association tops 40 members
- Friday, 22 November 2024
- Articles

Newly-launched trade association The Platforms Association has expanded to 46 members just two months after launching.
Read more ...Tavistock acquires £3bn AUM asset manager ABP
- Friday, 22 November 2024
- Articles

Wealth manager Tavistock has acquired asset manager ABP as it completes its sale of its financial advice businesses, Tavistock Partners Limited and Tavistock Partners (UK) Limited, to Saltus.
Read more ...Chartered Planner adds £90m AUM with Surrey acquisition
- Friday, 22 November 2024
- Articles

Chartered Financial Planner firm The Penny Group has acquired fellow Openwork Partnership firm Surrey-based Whiting Financial.
Read more ...50,000 powers of attorney rejected last year
- Friday, 22 November 2024
- Articles

More than 50,000 power of attorney applications were rejected last year because of mistakes.
Read more ...Birmingham adviser completes management buy-in
- Thursday, 21 November 2024
- Articles

Birmingham-based financial advice firm Margetts Wealth Management has completed a management buy-in.
Read more ...FCA charges four with fraud offences
- Thursday, 21 November 2024
- Articles

The Financial Conduct Authority has started criminal proceedings against four individuals for conspiracy to commit false accounting, with three facing further charges for fraud.
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