Advisers will have to stump up an extra £10m to fund The Financial Services Compensation Scheme.
Wealth manager St James’s Place has bought advisory and training support company Technical Connection, the business founded and run by joint managing directors Tony Wickenden and John Woolley, for an undisclosed sum.
The FCA is weighing up further investigation into problems with insistent clients after some in the industry said a factsheet on the subject was “a waste of time and had no regulatory status”.
The FCA must “stop playing with robo-advice”, a Chartered financial Planner says.
Retirees who entered drawdown in 2015 could face "a decade of lost income" if volatile market conditions continue as they have been, a pensions firm has warned.
Financial advice business Fairstone Group is set to benefit from a £25m investment.
Shakespeare’s phrases are better understood by the public than financial jargon – despite being 400 years old – new research suggests.
The Government is asking finance firms to tell it what regulators, including the FCA, can do better to support innovation in the sector.
Plans have been unveiled for another new type of ISA.
The whole plan for the secondary annuity market is ‘doomed’, unless a fundamental problem can be addressed, a pensions expert says.