Daily Newsletter Sign-up

Register for Financial Planning Today website for FREE to view more stories and get our daily newsletters. Click on 2 stories to see Registration pop up.

PIMFA backs imminent FCA ban on CMC phoenixing 

Wealth management trade body PIMFA has welcomed news that the FCA will ban regulated firms ‘phoenixing’ into Claims Management Companies from 7 July.

Read more...

Govt to tackle ‘phoenixing’ firms with new law

The Government is to give its Insolvency Service greater powers to tackle firms that try to ‘phoenix’ by setting up near identical new businesses to avoid liabilities and will also target directors who deliberately dissolve firms to avoid bills.

Read more...

FSCS welcomes clampdown on adviser phoenixing

The Financial Services Compensation Scheme (FSCS) has welcomed the Financial Conduct Authority (FCA) consultation paper tackling phoenixing saying it will help “keep bad actors out of the market”.

Read more...

40 CMC phoenixing complaints in 1 week - PFS

The Personal Finance Society says it has received up to 40 complaints in 1 week about CMC ‘phoenixing.’

Read more...
 Promote your vacancy to thousands of professionals on Financial Planning Jobs  
Our specialist jobs service Financial Planning Jobs can help you reach nearly 12,000 financial professionals. You can set up an Employer Profile and post your job the same day on Financial Planning Jobs (terms apply). Dozens of Financial Planning and Paraplanning firms have used our affordable service to recruit new talent.
Offer: Use code 'FPJSaver10' on checkout to save 10% on your listing. Click for details:
jobs.financialplanningtoday.co.uk/