After several delays, platform provider Hargreaves Lansdown (HL) has today accepted a £5.4bn consortium offer for the company.
Inflation remains the most significant risk to the performance of portfolios, according to a survey of investors.
London-based investment adviser Osiris Capital Partners LLP (FRN 478159) has had its authorisation revoked by the FCA after it failed to pay the regulator’s fees and levies.
Pension and investment planning software firm Selectapension has added a managed portfolio service (MPS) data feed within its pension, investment and cashflow tools.
Interventions by the FCA on financial promotions have led to over double the number of promotions being amended or withdrawn by authorised firms in the second quarter of this year.
A simple 'red, amber, green' traffic light system for pension scheme value could bring better clarity to workplace pensions and boost savings but may harm innovation, pensions experts say.
Government and the pensions regulators could force 'poor value' workplace pension schemes to close down in a major shake up for the sector.
The FCA is to add another 100 roles to its Leeds office, adding close to 50% to the number of staff based at the office.
French asset manager H2O AM LLP has agreed a 'fine alternative' deal with the FCA which will mean it paying back €250m (£214.8m) to investors who have been unable to access their funds since 2020.
Fidelity has launched its first long-term asset fund, the Fidelity Diversified Private Assets LTAF.