DB pension transfers excluded from advice-guidance review
But FCA says that accumulation and decumulation products will be part of the analysis
Hargreaves Lansdown
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UBS splashes out $3.2bn to buy troubled rival Credit Suisse
Deal will create a global wealth manager with $5trn of assets
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PEOPLE MOVES: Abrdn, LGT WM, Deutsche Bank
Asset manager hires CIO, as wealth firm promotes five to partner
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Investment bank and Hargreaves enter platform partnership
Rex, to be rebranded as Retailbook, enables retail investors to carry out capital market transactions
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PEOPLE MOVES: Hargreaves Lansdown, EFG, Shard Capital
Investment giant names CEO, as financial services group bolsters Dubai operation
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PEOPLE MOVES: Atlantic House, LGT, Fidelity
Investment firm names head of distribution, while wealth manager bolsters Middle East client services team
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PEOPLE MOVES: Hargreaves Lansdown, RBC WM, Titan Wealth
Investment firm makes c-suite change, as wealth manager names COO in Asia
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Value of lost pension pots hits £26.6bn
Figure has nearly doubled since 2018
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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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PEOPLE MOVES: Hargreaves Lansdown, Schroders PW, UBS
CEO to retire from investment firm, as advice group names chief technology officer
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Kim Kardashian to pay $1.26m to settle crypto charges
She tried to sell digital assets on social media without disclosing she was being paid by the provider
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FCA to tackle advice-guidance boundary in market review
It aims to remove regulatory burdens for advisers and allow them to lower charges