UK financial advice firm fails
Lifeboat scheme is now accepting claims against the company
FCA
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Is the FCA set for an advice suitability crackdown?
Thematic review into the implementation of regulations could be on the cards
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‘Too many scandals’ prompt FCA to take action
Aim is to ‘ensure people can better navigate financial services to invest for the future’
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Pension freedom users failed by UK government body
Hope that taking guidance would become a ‘new norm’ has not materialised
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UK regulator netted £224m from enforcement action
Sum is slight decline compared to the previous financial year
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SJP and Columbia Threadneedle race to re-open property funds
As rival firms keep theirs closed for now, despite using the same independent valuer
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FCA under fire over ‘scandalous’ self-review
Watchdog’s compensation proposals are ‘intellectually dishonest and morally questionable’
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IFA company goes into liquidation
It also served as an Isa manager
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Advisers have no ‘risk appetite’ to carry out DB transfers
With nearly half considering leaving the space within a year
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Financial advice firm CEO takes leave of absence
He is undergoing treatment and needs to take time off to recover
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Merged Tilney Smith & Williamson has 265 financial planners
And assets under management of £47bn
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Is AuM the best way for advice firms to segment clients?
Increasing regulatory requirements have made the process seem like a ‘daunting task’