FCA’s Mills welcomes ‘feast of frogs’ as advisers make Consumer Duty progress
Speech made to mark one year anniversary
Industry
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One year of Consumer Duty: Industry grapples with advice gap amid added requirements
Research from the lang cat and Octopus Money shows move away from smaller clients
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Quilter hires former RBC Brewin Dolphin executive as COO
Succeeding the retiring Karin Cook
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Wealth managers increasingly convinced Bitcoin will top $100k
Wealth managers and institutional investors managing $1.7trn quizzed
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Reeves leaves door open to IHT hike with business relief under threat
Labour has been ‘fairly quiet’ on inheritance tax
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FCA launches rule review to spot Consumer Duty ‘overlaps’
Regulator calls on firms to identify regulation which could be removed or simplified
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St. James’s Place discusses ‘future strategic focus’ in H1 results
Plans for cost base reduction aim to reach full run-rate savings of £100m by 2027
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Cash Isa inflows surge in June
AJ Bell voices concerns that savers might be hoarding too much cash
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FCA fines Coinbase UK subsidiary £3.5m for onboarding high-risk clients
CB Payments Limited onboarded more than 13,000 high-risk clients who executed $226m worth of transactions
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PEOPLE MOVES: Brooks Macdonald, 7IM, Binary Capital, Allianz GI, SVM, Capital Group
Brooks Macdonald adds head of adviser solutions
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7IM adds quantitative strategist to investment team
He will focus on enhancing 7IM’s quantitative approaches to tactical asset allocation
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Titan Wealth continues on acquisition trail with AHR deal
AHR will be rebranded as Titan Wealth International