The Pensions Regulator (TPR) has unveiled guidance it expects new 'superfunds' to meet to ensure savers in defined benefit (DB) schemes are protected ahead of Government legislation.
Read more ...Financial Planning Wales hit by cloning scam
- Thursday, 18 June 2020
- Articles

Financial Planning Wales, a Chartered Financial Planner firm, has become the latest firm to face a cloning scam as the FCA warned that scammers are using fake details of the company to try to con people.
Read more ...FCA kills off marketing of speculative mini-bonds
- Thursday, 18 June 2020
- Articles

The FCA has decided to permanently ban the mass-marketing of speculative illiquid securities, including speculative mini-bonds, to retail investors.
Read more ...FCA concerned about some equity release advice
- Thursday, 18 June 2020
- Articles

An FCA review of equity release advice has found that some is “not up to scratch.”
Read more ...Fintech to provide 2 free CPD sessions on drawdown
- Wednesday, 17 June 2020
- Articles

Adviser tech firm O&M, part of fintech Iress, is to provide free CPD-qualifying webinars on drawdown for advisers.
Read more ...Commerzbank hit with £37.8m fine for compliance failings
- Wednesday, 17 June 2020
- Articles

The FCA has fined Commerzbank AG (London Branch) £37.8m for failing to operate adequate anti-money laundering (AML) systems and controls between October 2012 and September 2017.
Read more ...Nearly half of adviser firms furlough staff
- Wednesday, 17 June 2020
- Articles

Preliminary findings from Financial Planning Today’s annual Financial Planning Survey - currently under way - suggest that nearly half of Financial Planning, Paraplanning and adviser firms have furloughed some staff.
Read more ...Fairstone adds £1.2m fee income with Lincs firm deal
- Wednesday, 17 June 2020
- Articles

Chartered Financial Planning firm Fairstone has signed up Lincs firm MT Financial Management to join its acquisition programme.
Read more ...CPI inflation shows sharp fall to 0.5%
- Wednesday, 17 June 2020
- Articles

The Consumer Prices Index (CPI) 12-month inflation rate fell significantly to 0.5% in May - the lowest rate for four years.
Read more ...Increasing demand for ethical investing say planners
- Wednesday, 17 June 2020
- Articles

The majority (92%) of Financial Planners have seen an increase in demand from clients for investments which have a positive impact on society, according to a new survey.
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