Greenwashing concerns rife among advisers
Reputational risk for recommending funds is a top worry for IFAs
United Kingdom
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Mel Stride named work and pensions secretary
His predecessor was in the role for just under 50 days
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Investment companies wound up over £2m scam
They promised high interest rates on convertible loan notes
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HNWs demand greater access to international health insurance
Post-Covid, the importance of medical cover abroad has become more important than ever
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UK couples split pensions in just 13% of divorces
Numbers low even among those who included a financial settlement and women stand to lose out most
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PEOPLE MOVES: Quilter Investors, London & Capital, Arbion
Investment firm names head of responsible investment, while wealth manager hires executive director
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FCA unveils sustainable fund labels in greenwashing crackdown
SDR consultation proposes fund labelling, disclosure and marketing rules
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Pension transfer values hit all time low
They have fallen 33% since December 2021
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Advisers ‘can’t afford to delay preparations’ for Consumer Duty
They are in ‘real danger’ of letting the FCA’s deadline pass them by
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Financial advice group gets funding for acquisition war chest
It will use the money to create a ‘buy-and-build’ consolidation programme
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Rishi Sunak to become UK prime minister
Just weeks after he lost the Conservative Party leadership election to Liz Truss
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L&G and Lloyds make £35m investment in fintech firm
To help develop solutions around pensions and wealth