The Financial Services Compensation Scheme has warned that there is a ‘high risk’ of a supplementary £46m levy on advisers and providers.
The most important service offered by financial advisers to clients is helping them achieve their financial goals, say advisers.
The steady dismantling of the Woodford empire has continued with the Woodford Patient Capital Trust, one of the firm’s best known investment vehicles, being renamed the Schroder UK Public Private Trust and management transferred to Schroders.
Wealth manager Kingswood has added two new board directors following an £80m private equity-led investment expected to spur ambitious expansion plans.
National wealth manager and Financial Planner Tilney has boosted its London Financial Planning team with a new appointment.
The Association of British Insurers has warned that implementing the FCA’s platform switching changes by July will be “challenging.”
Northern-based Chartered Financial Planner firm Belmayne has sponsored two local north Sheffield community sports organisations, a rugby team and a football team.
The FCA has delayed a controversial potential ban on platform exit fees to allow for more consultation with the sector.
The sweeping Conservative victory in yesterday’s general election means the much delayed Pensions Bill is likely to be back on the agenda soon, say a number of leading financial services experts.
Scottish Widows has recruited Maria Nazarova-Doyle from Mercer to be its new head of pension investment propositions.
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