The FCA has written a ‘Dear CEO’ letter to lifetime mortgage providers to warn them that it will intervene if firms fail to tackle "exploitation" risks to consumers.
Financial Planning firm Evelyn Partners, formerly Tilney Smith & Williamson, has joined forces with professional services firm CliftonLarsonAllen to launch a global accounting and advisory network.
Revenue increased 488% year-on-year to £149.7m for Financial Planner and wealth manager Kingswood for the year ended 31 December 2021.
NS&I’s new Green Bond pulled in £228m, according to the government-backed savings body’s Annual Report for 2021/2022.
The FCA is to hold a tech-focused Innovation Day at its London HQ in July to showcase what it is doing to nurture new financial technology developments.
The Financial Conduct Authority has confirmed that it will increase annual fees for Financial Planning firms by 5.6% from July.
Sales of ISAs almost doubled in 2021 and SIPP sales were up by an impressive 15%, the latest retail investment data from the FCA has revealed.
FNZ, the platform engine behind many UK investment platforms, has added a cash management and savings solution with an investment in fintech Bondsmith.
The population of England and Wales is ageing, with almost one in five (18.6%) of people age 65 and over, according to the first Census 2021 estimates.
Hargreaves Lansdown has added a ‘pay by bank’ service as its first move into Open Banking.