UK regulator rejects compensation cap criticism
Proposed changes to Complaints Scheme prompted industry and consumer backlash
Latest news
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UK investment heavyweights roll out ESG platform
Consumers and advisers will have access to 36 funds from 11 asset managers
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PEOPLE MOVES: Tilney, Investec, Interactive Investor
CIO leaves wealth firm following merger, while Investec names head of Belfast office
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Battered British expats face stormy end to 2020
Lack of Brexit deal comes in tandem with some banks shutting accounts for Brits in EU
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Record number of DB transfers trigger scam concerns
Despite activity falling to a fresh low in September 2020
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HSBC rolls out digital investment account opening
Launch comes at a time when Hong Kong banks are ramping their digital mutual fund distribution channels
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Life company pensions more expensive than platforms
Consumers may be losing up to £100,000 due to costs and fees
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Drawdown investment pathways ‘fundamentally flawed’
AJ Bell CEO: It’s ‘a mandate for pension providers to line their pockets by peddling in-house funds’
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Hong Kongers put ethics before gain
Most investors are unwilling to seeking profits ahead of personal values, according to Schroders
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Climate change to dictate high net worth investment choices
As they plan to significantly increase allocation to impact investing by 2025
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Financial software firm buys Sipp tech business for £23m
Acquisition will broaden product suite and offering
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FCA complaints scheme changes ‘unfair, immoral and illegal’
As trio of UK regulators seek to cap redress for financial loss at £10,000