1825 buys Bristol Financial Planner to expand in South West

Standard Life’s Financial Planning business 1825 has agreed to acquire Bristol-based Financial Planning firm Fraser Heath Financial Management and will utilise the firm as 1825’s South West regional office.

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Police take action as binary options fraud grows to £59m

City of London Police have joined forces with the FCA, Trading Standards officers and HMRC to carry out a ‘day of action’ to highlight the growing problem of ‘binary options’ investment scams which have seen investors lose over £59m in five years.

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Pensions minister confirms go ahead for Pensions Dashboard

The ABI has welcomed confirmation today from Pensions Minister Guy Opperman that the Pensions Dashboard will go ahead.

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MPs to probe barriers faced by women in finance

The influential Treasury Committee has today launched a new inquiry into Women in Finance which will focus on the Treasury’s Women in Finance Charter and the progress being made against its targets.

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Synaptic unveils new retirement modelling tool for advisers

Synaptic Software, the research software provider for financial advisers, has launched Synaptic Analyser, a retirement income analysis and drawdown product comparison tool.

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4 in 10 adults under 35 prefer online financial advice

Some 39% of younger adults aged 25-34 would seek financial advice online and say they would “not need to talk to someone” - underlying a generational gap in the desire to seek financial advice.

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Fairstone hires new group compliance director

Chartered Financial Planning firm Fairstone has hired Sheriden Davy as group compliance director, with effect from January 2018.

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Chartered bodies want more done to tackle ‘bad apples’

The Chartered Bodies Alliance, which includes the CISI and the PFS, is calling on regulators and firms to do more to prevent ‘bad apples’ from re-circulating within the industry by swapping more information on those with poor professional records.

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Major study finds 15m failing to pay into a pension

The FCA’s Financial Lives Survey, published today, has revealed that 15m working people are failing to pay into a pension and are making little provision for retirement.

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FCA chief exec says “big changes” under way on fund fees

Financial Conduct Authority chief executive Andrew Bailey has said that the regulator will push ahead with its plans to shake up the fund management sector to give investors better value for money.

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