The FCA must examine Platforms’ tech because if it’s wrong it can have ‘huge’ effects, Seven Investment Management says.

A consumer watchdog wants ‘tough action’ against finance firms for “obscure or misleading” prices.

Inflation fell last month, the Office for National Statistics said this morning.

The FCA announced yesterday which areas it would be focusing on in its upcoming review of the platforms sector.

The FCA is to shine a spotlight on how platforms are influenced by their commercial relationships.

The Personal Finance Society has put out an urgent warning this morning to advisers about DFM compliance.

Financial advisers, wealth managers and platforms will be included in the Financial Conduct Authority’s wide-ranging Investment Platforms Market Study announced today.

The FCA will investigate if consumers are being harmed by a mismatch between the interests of the adviser and client when advisers select a platform.

Aberdeen Life, the unit-linked insurance subsidiary of Aberdeen Asset Management, has appointed two industry veterans, Otto Thoresen and David Hare, as chairman and senior non-executive director respectively.

Lancashire-based firm Acumen Financial Partnership has announced that director Jon Landy has increased his shareholding in the business to 35% and the firm has also appointed Lucy Molina as its new Financial Planning co-ordinator.