Morningstar has ‘more work to do’ in UK advice market
Firm talks to IA about its acquisition of Praemium International and its global wealth plans
United Kingdom
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Fintech firm to open international arm in Jersey
To serve clients of wealth managers, advisers and trust companies
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UK warned about high DC scheme costs with illiquid assets plan
Move would add ‘regulatory burden’ and deliver ‘little for members’
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Five ex-directors banned over unsuitable pension advice
They have also been fined over £1m in total
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UK wealth manager enters liquidation
As Welsh advice firm fails
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£263bn left to rot in bank accounts
If they shopped around, savers could secure a ‘fixed-term return of more than 2%’
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PEOPLE MOVES: BennBridge, Maven Wealth, RBC WM
Investment boutique names CEO for Europe and UK, while wealth firm hires chief executive as it rebrands
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20% of advisers ‘in the dark’ about FCA Consumer Duty
Some don’t even believe ‘it will add any value to consumer outcomes’
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Charles Stanley unveils ‘hybrid advice’ proposition
To tackle ‘misinformation and confusing financial jargon’ online and on social media
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Fairstone makes fourth acquisition of 2022
Deal adds over £135m in funds under management and 10 advisers to the group
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Hansard takes ‘vigorous action’ as new business drops again
Roll out of a Japan product further delayed by covid
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St James’s Place partner firm eyes Scotland expansion
As it believes Highlands are a ‘massive untapped opportunity’ in the advice sector