A quarter (26%) of investors didn’t understand the changes made by the Chancellor in the Autumn Statement, according to research published today.
Read more ...2 advisers banned and fined for 'reckless' action
- Monday, 18 November 2024
- Articles

Two financial advisers whose clients worked in the medical and dental community have been fined more than £6,000 each and banned by the FCA for recklessly breaching an asset requirement imposed on the firm.
Read more ...Editor’s Comment: FCA must get ‘naming and shaming’ right
- Monday, 18 November 2024
- Articles

It’s no secret that the FCA has come in for flak over it’s naming and shaming enforcement plans and it’s no surprise it has decided to dilute them as a result. But should it be backing off?
Read more ...PFS writes to rebel members to 'understand' concerns
- Friday, 15 November 2024
- Articles

The PFS board is sending a letter today to rebel members who voted to reject two key motions at this week’s AGM in a shock result.
Read more ...Regulators clarify post-Duty pension marketing rules
- Friday, 15 November 2024
- Articles

Regulators have stepped in to clarify pensions marketing communication after confusion caused by the new Consumer Duty rules and how they affect existing regulations.
Read more ...Full text of Chancellor’s 2024 Mansion House speech
- Friday, 15 November 2024
- Articles

Chancellor Rachel Reeves delivered her first Mansion House speech on the evening of Thursday 14 November 2024. This is the full text of the speech exactly as delivered, as supplied by the Treasury.
Read more ...Chancellor's 12 financial services reforms
- Friday, 15 November 2024
- Articles

Over the past 24 hours, coinciding with her Mansion House speech, Chancellor Rachel Reeves has announced at least 12 significant financial services reforms.
Read more ...Reeves promises 'transformational' financial advice reforms
- Friday, 15 November 2024
- Articles

Chancellor Rachel Reeves has promised “transformational change” to advice and guidance in a sweeping series of financial services reforms announced in her Mansion House speech last night.
Read more ...Net platform sales drop in scramble to move assets
- Friday, 15 November 2024
- Articles

Net investment sales via platforms fell 30% in the latest quarter to £5.4bn compared to the previous quarter as investors scrambled to protect assets before the Budget.
Read more ...FSCS pays £26.6m to WealthTek administrators
- Thursday, 14 November 2024
- Articles

The Financial Services Compensation Scheme has made a first payment of £26.6m to the Joint Special Administrators of failed Newcastle-based wealth manager WealthTek LLP.
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