Dearth of DB schemes to hurt retirees
As unsuitable transfers could mean up to £20bn in lost income over five years
FCA
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PI premiums push UK advisory firms to turn away clients
As one business saw a nearly 400% increase in just one year
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PEOPLE MOVES: Utmost Wealth, Canada Life, Bank of Singapore
UK sales director departs life insurer, as rival poaches business technical manager from Just Group
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UK lifeboat scheme levy model a ‘broken system’
As economic secretary to the Treasury passes the buck to the regulators for action
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UK regulator warns platforms over buy list fund discount
Wealth 50 constituent Woodford Equity Income slashed fees by a third for HL customers
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Is the FCA too ‘slow to act’?
Watchdog calls for end to ‘culture of looking away’
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UK regulator says tech tools aren’t a ‘silver bullet’
‘Miscalibration’ and a lack of due diligence ‘can lead to very poor outcomes’
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At least 21 pension transfer firms operated without PI cover
FCA director of life insurance and financial advice warns the regulator is taking ‘very strict lines’
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Seven financial services firms recognised for LGBT+ work
Two regulators and several law firms in the UK also made the Stonewall list
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Over two-thirds of firms potentially gave harmful DB advice
‘Alarming’ information prompts UK regulator to write to 1,841 advisory businesses
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PEOPLE MOVES: FCA, Lombard International, Indosuez WM
UK regulator names interim CEO, while life assurance firm hires group chief executive
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Wealth firm eyes shuttered UK robo-adviser
With a view to offering regulated advice to its southeast Asian clients in their time zone