Investors shun equities as Brexit fears hit spending habits

New consumers research has found that Brexit fears have spurred people to save more but cut back on investing due to uncertainty.

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Editor’s Comment: LC&F scandal creates headache for FCA

The news this week that the FCA will commission an independent report into its handling of the LC&F mini-bond scandal is not an admission of guilt but it is perhaps the first sign that regulation failed investors who had the misfortune to use this company.

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Last-minute ISA investors backing UK funds

Figures from investment platform Hargreaves Lansdown have revealed that UK funds are becoming more popular with last minute ISA investors as the end of the tax year looms this week.

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Editor’s Comment: A shiver down planners' spines

 

Financial Planning Today’s story this week revealing that more than 600 ‘ambulance chaser’ firms had applied to the FCA for authorisation will have sent shivers down the spine of many planners, IFAs and wealth managers.

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