The appointment of Andrew Bailey as the new Bank of England Governor today came as little surprise but it does open to door to opportunities for a new direction for the FCA.
Just before Christmas I suggested that the FCA needed a new direction post-Bailey. It may already have found one although it is clearly not the direction everyone wants.
I was reminded this week that Financial Planning is much more of a profession than a business by the latest Charles Stanley results.
The FCA’s long awaited DB transfer review was published today with, seemingly, a ban on contingent charging which turns out to be not a complete ban after all.
A new poll of Personal Finance Society members suggests nearly 90% of Financial Planners will never return to the way they worked before the pandemic.
The woes of Woodford Investment Management have been well chronicled by Financial Planning Today and others. I will not repeat them hear suffice to say that the curtain is coming down on a painful episode in fund management, as Mr Woodford described it himself.
We’ve just published the key findings from our annual Financial Planning Survey in the latest edition of Financial Planning Today magazine.
The latest Investment Association figures, covering fund sales in the second quarter, reveal some interesting movements but also highlight the blunders mainstream investors make over and over again due to the herd instinct.
Over the past 10 years I’ve seen too many governments treat pension savers, particularly middle to high earner, as tax-dodging lepers.
The move to Strong Customer Authentication in the online financial world is a topic few are getting excited about but it will change life profoundly for most people in the UK.
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