UK regulator declares DFM insolvent
The Financial Conduct Authority (FCA) has declared discretionary fund management firm Beaufort Securities and its clearing arm, Beaufort Asset Clearing Services, insolvent.
The Financial Conduct Authority (FCA) has declared discretionary fund management firm Beaufort Securities and its clearing arm, Beaufort Asset Clearing Services, insolvent.
In what was a dismal month for markets generally, the UK and European equities were the pits, making up the five worst performing Investment Association sectors for February. But have the asset classes lost their lustre?
The UK arm of Guardian Wealth Management Group’s international business has received corporate chartered status, the company confirmed to International Adviser.
FCA chief executive Andrew Bailey has rejected arguments Mifid II rules should be implemented whatever the cost to markets.
Life insurance consolidators could be set to make another big acquisition after UK insurer Equitable Life, which was pulled back from the brink of collapse in 2000, confirmed it has hired Goldman Sachs to explore potential sales opportunities.
As international financial adviser firm The Fry Group enjoys a landmark anniversary this year, incoming managing director Jeremy Woodley tells International Adviser how a new business adventure is on the agenda.
The heavily criticised EU tax haven blacklist faced further scorn on Thursday, after Members of the European Parliament (MEPs) said it lacks both transparency and credibility.
Companies in the Channel Islands consider talent acquisition a greater threat to their future profitability than Brexit, according to a new survey.
A start-up backed by FNZ, the white label tech provider behind Standard Life’s Wrap platform, has launched its first advice product.
Carey Pensions, a self-invested personal pension (Sipp) provider, is being taken to the UK High Court on claims potentially worth up to £3m (€3.39m, $4.15m) for working with unregulated introducers who sold “unusual investments”.
The first group of candidates have embarked on Openwork’s “Route to Wealth”, a study programme that supports firms upskilling their mortgage advisers to become fully qualified wealth advisers.
The recent trend of closed book market consolidators buying up international life company books of business has distracted its competitors and can be an issue for adviser firms, the managing director of Canada Life International, Sean Christian, has warned.