Greyfriars AM and Berkeley Burke declared in default
Glasgow-based IFA business and West Midlands wealth manager also named by the UK lifeboat service
FCA
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Insurers asked to waive fees and delay payments amid covid-19
To help clients who are struggling financially during the outbreak
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UK regulator warns firms over offline clients
But it will show ‘flexibility’ in how it approaches customer communication during outbreak
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PEOPLE MOVES: FCA, Willis Towers Watson, ATC Tax
UK regulator looks to Hong Kong for CEO, as advice firm names head of investments
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Unauthorised share scheme to refund £3.6m to victims
Following high court order which deemed promotion of the products ‘unlawful’
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FCA third-party reviews soar in 2019/20
But retail investment and pension companies received relatively few
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Fewer IFAs in the UK for first time
While restricted adviser numbers rise
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FSCS opens to claims as Sipp firm enters administration
It became insolvent based on the potential claims over high-risk investments
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How can advice firms stay afloat during covid-19 pandemic?
Many were already under pressure and should trim budgets that are no longer appropriate
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FCA takes legal action against unauthorised adviser
Watchdog claims he has been using social media platforms to give investment advice
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Nearly half of UK advice firms will need to furlough staff
As 14% claim their business will go bust without access to funding
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Advisers given extra time to complete qualifications
As FCA allows firms an additional 12 months to let employees sit exams