All-Party Parliamentary Group questions FCA over support for Woodford compensation scheme
MPs Siobhain McDonagh, Bob Blackman and Baroness Bowles voiced concerns over removal of consumer proections
Industry
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Quilter appoints Investec’s Adrian Todd to research team
Todd becomes senior manager research analyst
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High Court sanctions Link’s £230m Woodford redress scheme
Transparency Task Force considering an appeal
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Canaccord Genuity UK reports 12.1% revenue increase in Q3
Client assets increase 1.4% year-over-year
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State Street: Risk appetite falls in January as investors re-evaluate pace of rate cuts
Confidence among institutional investors turned negative in January after a short-lived rally
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Advisers say economic climate prompting clients to change retirement plans
Researchers gathered responses from 200 financial advisers
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Pacific, Albemarle and Hymans Robertson model portfolios added to Parmenion platform
Discretionary fund manager products available instantly
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PEOPLE MOVES: Evelyn Partners, Blacktower, Progeny, GSB, Lombard Odier
Evelyn Partners adds another chartered financial planner
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Tim Cockerill exits Rowan Dartington for Verso IM
Established the ESG investment process at Rowan Dartington where he worked for 12 years
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VCT investments drop to £506m but hold up better than wider industry
Large fall from the £705m recorded in 2022
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Platforms call for UK government to resist launching ‘retrograde’ British ISAs
Institutional investors urged to play a more proactive role in boosting the UK stock market
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Progeny appoints Tom Wood as CFO
Formerly chief restructuring and financial officer of the Co-Operative Bank