The Financial Conduct Authority has fined leading City broker Tullett Prebon (Europe) Limited £15.4m for failing to conduct its business with “due skill, care and diligence.”
Nearly 500 financial advisers aged 24 up to 69 were due to receive their graduation certificates in London today in a graduation ceremony the PFS said reflected the changing composition of the financial advice profession.
Expanding wealth manager The Private Office (TPO) has acquired John Lamb Wealth Management, a well known firm of Chartered Financial Planners in London.
XPS Pensions, the pensions administrator, says that 35% of pension schemes have appointed or are considering appointing an IFA to support members.
The Chartered Institute for Securities & Investment has established a new mental health support portal to encourage more people working in financial services to talk about mental health issues and get help if they need it.