Why has Scotland become an attractive hub for advice firms?
It is ‘often the obvious next move’ for companies looking to expand
United Kingdom
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UK financial regulator secures £130,000 to return to investors
They were victims of unauthorised investment arrangements and advice
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63% of Brits more likely to invest when firm is FSCS protected
As just a quarter trust the financial services industry to act in the best interests of its customers
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Lifeboat scheme investigating another British Steel advice firm
Company is currently in liquidation
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Ex-LCF boss handed 10-month sentence for restraint order breach
But it has been suspended for two years
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Ravenscroft Group sells off UK investment management business
Deal takes acquirer’s AuM to £9.4bn
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PE firm invests £6.7m in UK advice firm
Funding has facilitated the retirement of the financial planning company’s co-founder
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Jersey plans to increase minimum tax for new high-earning residents
Threshold would rise to £250,000 under legislation proposed
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Should advice firms set up in-house investment platforms?
Developing and maintaining one can be ‘expensive’
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PEOPLE MOVES: FWD Group, Melbourne Capital Group, BNP Paribas WM
CFO exits insurance company, as advice firm names head of business development
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£4m Ponzi scheme duo jailed
After being found guilty in April 2023
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Private wealth services provider buys Guernsey-based firm
Deal is a ‘great milestone’ for the business