The FCA’s ban on contingent charging introduced in 2020 led to a dramatic fall in the number of DB transfers, but had little impact on fees, the regulator said.
Read more ...FCA: DB transfers fell after contingent charging ban
- Tuesday, 04 February 2025
- Articles

FCA wins £587k confiscation order against insider dealer
- Tuesday, 04 February 2025
- Articles

The FCA has secured a confiscation order of £586,711 against Mohammed Zina, a convicted insider dealer.
Read more ...CISI Foundation gifts £250k to financial literacy charities
- Monday, 03 February 2025
- Articles

The CISI Future Foundation has handed almost £250,000 to three UK-based charities which promote financial education.
Read more ...More than 1m people missed tax deadline
- Monday, 03 February 2025
- Articles

More than 11.5m people filed their self-assessment tax returns on time but an estimated 1.1m people missed last Friday’s deadline, HMRC has said.
Read more ...Cut to PPF levy should boost DB schemes
- Monday, 03 February 2025
- Articles

The Pension Protection Fund (PPF) decision to reduce the amount it will levy on defined benefit pension schemes from £100m to £45m, has been welcomed by the Pensions and Lifetime Savings Association (PLSA).
Read more ...Platform assets climbed to new high in 2024
- Monday, 03 February 2025
- Articles

Platform assets set a new high of £1.1trn in 2024, with adviser platforms accounting for £697bn, new data from consultancy Fundscape shows.
Read more ...MPs criticise 'unconstructive' FCA
- Monday, 03 February 2025
- Articles

MPs and members of the House of Lords have today criticised FCA chief executive Nikhil Rathi for his ‘unconstructive’ response to their report published in October which branded the regulator ‘incompetent.’
Read more ...PIMFA calls for FOS shake-up
- Monday, 03 February 2025
- Articles

Wealth management trade body PIMFA has urged the FCA to reconsider the role of the Financial Ombudsman Service (FOS) and to explore consolidating the regulatory regime for claims management companies (CMCs).
Read more ...Brooks Macdonald completes £45m LIFT deal
- Monday, 03 February 2025
- Articles

Wealth manager and Financial Planner Brooks Macdonald has completed its acquisition of Chartered Financial Planners LIFT-Financial Group Limited and LIFT-Invest for £45m.
Read more ...FCA wins £6m Confiscation Order against scammer
- Friday, 31 January 2025
- Articles

The FCA has won a Confiscation Order of £5,963,376 against convicted investment scammer Guy Flintham.
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