AJ Bell profits up 29% as growth continues

Platform and SIPP provider AJ Bell saw pre-tax profit tax increase by 29% to £21.7 million for 2017 as the company’s growth strategy in recent years paid dividends.

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ISA to fund film and entertainment ventures

Savers can now fund film projects with their ISA with the FYZZ, an Innovative Finance ISA specialising in funding film and entertainment ventures.

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Scottish Budget tax changes will drive need for Financial Planning

Scottish Budget income tax changes announced yesterday will create extra work for Financial Planners by adding to complexity and altering the balance between Scotland and that rest of the UK.

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National IFA buys Bristol Financial Planner for £5m

National IFA LEBC has acquired 100% of the share capital of Bristol-based IFA Aspira for £5 million in cash and LEBC shares.

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Bank keeps base rate at 0.5% after rise last month

The Bank of England has today kept its base rate at 0.5% after doubling the rate last month from 0.25% to 0.5% - the first increase for a decade.

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Schroder teams up with DT to launch 5 risk-profiled funds

Five risk-targeted funds have been launched by investment manager Schroders in partnership with Distribution Technology, the provider of risk-profiling and Financial Planning services for advisers.

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170,000-strong global Financial Planning body names chair-elect

The Financial Planning Standards Board (FPSB), owner of the global Certified Financial Planner certification outside the US, has named South African Gerhardt Meyer CFP, as chairperson-elect of its board.

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Zurich halves platform fees for £500k+ to target retirees

Zurich has announced a platform price cut from January, reducing the platform fee by more than half for assets above £500,000 from 0.22% to 0.10%.

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Rising cost of living is hitting pension savers, says Aviva report

The UK’s ageing workforce is in crisis as most are in the dark when it comes to knowing the true cost of retirement and how much they need to save, says a survey by Aviva.

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FCA to scrap new Senior Manager regime hurdles

The FCA plans to scrap the application process to convert Approved Persons to Senior Managers as part of new proposals to overhaul the authorisation of individuals.

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