The FCA has turned down an application to annul its decision to halt regulated business at Hull-based claims management firm (CMC) Prestige Legal Ltd (FRN 915619).
Read more ...FCA rejects claims manager appeal over regulated activity
- Tuesday, 20 May 2025
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Evelyn launches low-cost index MPS to advisers
- Tuesday, 20 May 2025
- Articles

Wealth manager and Financial Planner Evelyn Partners has launched its Index managed portfolio service (MPS) to the UK financial adviser market for the first time.
Read more ...Fund managers turn their backs on US on tariff fears
- Tuesday, 20 May 2025
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Fund groups are turning their backs on US investments because they expect Donald Trump’s reciprocal tariffs to be partially reintroduced when the current 90 day pause expires on 8 July.
Read more ...Seccl promises ‘dramatic expansion’ after Octopus investment
- Tuesday, 20 May 2025
- Articles

White label platform Seccl is looking for a new chief after reshaping its management team and promising dramatic expansion on the back of further investment from owner Octopus, the details of which were undisclosed.
Read more ...Adviser M&A activity surges in April
- Monday, 19 May 2025
- Articles

The UK IFA market saw a surge in M&A activity in April, according to a report from investment and advisory firm Heligan Group.
Read more ...Openwork's 2plan restarts growth after FCA lifts VREQ
- Monday, 19 May 2025
- Articles

Restricted advice wealth manager 2plan, part of the Openwork Partnership, said it will restart its commitment to growth after the Voluntary Requirement (VREQ) imposed on it in 2024 was lifted by the FCA following a review.
Read more ...2 PFS board members resign including vice-president
- Monday, 19 May 2025
- Articles

Personal Finance Society vice-president Daniel Williams along with member director Ben Wright have become the latest senior people to exit the troubled organisation.
Read more ...Hundreds face huge tax bill after cashing in pension
- Monday, 19 May 2025
- Articles

Almost 300 people fully encashed a pension of more than £250,000 after tax-free cash between October 2023 and March 2024, paying a minimum £98,700 each in tax in the process, according to new analysis of FCA figures by Standard Life.
Read more ...30 year gilt pays 5.375% a year but investors must act fast
- Monday, 19 May 2025
- Articles

The Treasury has launched a new gilt offering the equivalent of 5.375% interest until January 2056 but investors need to act quickly, says AJ Bell, as orders need to be made through the platform by 2.30pm today.
Read more ...16m may be missing out on essential financial advice
- Monday, 19 May 2025
- Articles

Last year 15.8m UK adults who likely needed financial guidance failed to receive regulated financial advice, the FCA has revealed in its new Financial Lives 2024 survey.
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