Four in five financial advice firms reported increased turnover in 2024, with two thirds anticipating higher profits in 2025, according to a new report.
The FCA has ruled out compensation or launching a criminal investigation into the £46m collapse of Blackmore Bonds despite complaints from investors.
The Bank of England’s Monetary Policy Committee (MPC) has voted 7 – 2 to cut the base rate to 4.5% today, in a widely expected move.
Three in five investigations by the Financial Services Compensation Scheme result in no declaration of default by the body as firms can meet the costs of claims themselves, interim FSCS CEO Martyn Beauchamp has told Financial Planning Today editor Kevin O’Donnell in an exclusive interview.
Financial Planning Today editor Kevin O’Donnell recently interviewed Financial Services Compensation Scheme interim CEO Martyn Beauchamp at his London HQ about how the organisation is dealing with new challenges and a changing regulatory environment. The full article appears in the latest issue of Financial Planning Today magazine. See below for a link to view the issue.
Quilter Financial Planning, the advice network of wealth manager Quilter, has signed up four new appointed representative firms.
The House of Lords has called on the FCA to halt its plans to push forward with 'naming and shaming' firms facing investigations.
Third Financial, part of the Nucleus platform group, has launched a white-labelled digital proposition for large advice firms.
Wealth manager St James’s Place has partnered with Dynamic Planner to add new client risk profiling services for its advisers.
P1 Investment Services, the owner of the P1 Platform, has launched a client onboarding and servicing portal for advisers.