21% of young Brits get investment tips from Instagram
No one over 55 uses the social media platform for ideas for their portfolio
Social Media
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FCA tightens online financial promotions guidance
Increasing scrutiny of financial influencers on social media
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How IFAs can utilise digital marketing tools to grow their business
Focus on the social media platforms that are most relevant to your target audience
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European investors fail to carry out due diligence on firms
Many trust friends, family and social media influencers but will not check regulators’ websites
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Aussie ‘finfluencer’ charged for providing advice without licence
He offered seminars and made investment recommendations on social media
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Should advice companies use TikTok to attract clients?
BlackRock’s foray onto the social media platform shows marketing strategies may need tweaking
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Advice firm boss threatens defamation action?
‘Ex-clients have posted negative remarks against me personally on average 7 times a day’
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TikTok, Reddit and Instagram entice younger investors
‘Trading has become a game and a form of entertainment’ rather than long-term strategy
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China cracks down on unlicensed platforms
Regulator has tightened its grip on the nation’s mutual fund market
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UK takes aim at internet giants in online scams crackdown
Letters have been sent to Microsoft, Twitter, Snapchat and TikTok
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TikTok imposes global ban on investment promotions
Change means that ‘regulated financial firms could be swept up in it’
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Tiktok joins forces with UK charity on financial literacy
It will help ‘new audiences’ benefit from ‘timely, practical and tactical advice’