Articles
M&G platform and advice business hit by losses
Written by Kat MitchellM&G’s platform and advice businesses saw an increase in annual pre-tax losses to £32m in 2023 (2022: £24m).
After a turbulent two years platforms are beginning to show signs of recovery with assets up, according to a new study by platform consultancy the lang cat.
Experts says FCA review highlights key role of Planners
Written by Kat MitchellThe FCA’s thematic review - which investigated how firms were providing retirement income advice - has demonstrated the value of a good Financial Planner, according to financial professionals.
Income protection sales rise 16% year-on-year
Written by Kat MitchellSales of new individual income protection policies rose 16% year-on-year to hit 247,000 in 2023, according to new figures from insurance and investment provider trade body the ABI.
SimplyBiz offers Defaqto Engage free to member firms
Written by Kat MitchellAdviser support network SimplyBiz is to offer free access to Defaqto’s Engage Financial Planning system to all its members.
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Titan Private Wealth hires new joint CEO from Investec
Written by Kat MitchellInvestment manager Titan Private Wealth has appointed Matt Beddall as joint CEO alongside existing CEO Mark Puleikis.
Platform and investment manager 7IM has acquired Financial Planning firm Eastcote Wealth Management for an undisclosed sum.
CPI inflation, the main measure of inflation, dropped sharply in February to 3.4% from 4% in January, ONS said today.
The Financial Conduct Authority has today written to the chief executives of financial advice firms asking them to review their retirement income advice processes.