What does the advice sector want from FCA director of international?
UK regulator is looking to improve its engagement overseas
United Kingdom
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Scammers target wine investment scheme victims
While more than half of Brits have been contacted by fraudsters in the last year
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DeVere Group temporarily closes UK property investment division
As it is concerned about an ‘imminent drop’ in prices
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£226m Harlequin fraudster handed 12-year prison sentence
After he was found guilty of running the scheme in August 2022
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Brooks Macdonald acquires financial planning firm
Deal adds £350m in assets under advice and around 650 clients
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Some advice firms still clueless about Consumer Duty
Yet they have less than a year to comply with the FCA’s rules
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Utmost eyes further acquisitions following Quilter International deal
Firm told IA that there is a shift in Asia with some clients preferring to hold assets in Singapore
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Regulator slammed over British Steel redress calculation issues
FCA faces a potential judicial review if problems are not resolved
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PEOPLE MOVES: M&G, Pictet, GPP
International savings and investment business names CEO, as private bank makes c-suite change in Asia
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Private bank expands DFM offering for UK advisers
It has appointed ex-Abrdn BDM as director of intermediary sales to run the operation
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Cost and loss of control worry advisers when outsourcing CIP
Centralised investment propositions could become ‘unmanageable’ for 97% of firms
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Financial adviser training provider sold
Founder will continue to be involved in the business