Platform assets suffer fall as UK teeters towards recession
Providers set to move ‘into markets they’ve not been in before to help alleviate the pressure’
United Kingdom
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Aviva completes acquisition of Succession Wealth
As the insurance giant looks to significantly grow its presence in the UK advice market
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Evelyn Partners adds sixth advice firm to succession programme
Deal will see four members of staff join the wealth management group
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Investment manager convicted over role in £100m fraud scheme
He hid victims’ money in offshore accounts to fund his luxury lifestyle
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Aggressive cost cuts cushions Quilter profits from 12% blow to assets
But CEO warns full-year operating margins could dip if revenue headwinds remain
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IFA group bolsters Scotland presence with acquisition
Deal brings AuM to £800m, staff to 70 and clients to around 2,500
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Five UK firms go bust in June and July
Including two IFA companies which offered pension transfer advice to British Steel members
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Arsenal red card over fan token ads upheld
Watchdog says adverts ‘trivialised investment in cryptoassets by omitting appropriate and prominent risk warnings’
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Globaleye names chief executive
Tim Searle has taken on the role of non-executive chairman
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FSCS to shut down mini-bond compensation scheme
But urges relatives of deceased bondholders to come forward
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PEOPLE MOVES: Curtis Banks, MFSA, LGT
CEOs step down from Sipp provider and Maltese regulator
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Why HMRC can’t estimate the offshore tax gap
‘One cannot tackle a problem with one’s head in the sand’