UK eyes overhaul of tax relief system
Parliamentary committee will look at whether its benefits for the economy justify the cost
News
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FCA and Meta to roll out stricter advertisement rules
‘We continue to see a considerable number of cases involving unauthorised firms and individuals’
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Two IFA firms fail
They also provided pension transfer advice to British Steel members
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US in the news: Mariner Wealth buys advice network
A round-up of people moves and M&A deals across North America
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Zurich makes a foray into Italian advice market
Following acquisition of Deutsche Bank’s advisory network in the country
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PEOPLE MOVES: GSB Capital, EFG International, Seccl
UAE advice firm hires managing partner, while Swiss private bank names chairman
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Saudi conglomerate snaps up £224m stake in M&G
Kingdom Holding Company is controlled by prince and billionaire Alwaleed Bin Talal
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Fintechs join forces to create digital financial planning tool
It will be aimed at the underserved ‘aspiring affluent’ market
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FCA slammed over plethora of failures in British Steel scandal
It has ‘consistently been behind the curve in responding to unsuitable pension transfer advice’
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US insurer to pay $50m for misleading annuity clients
Regulator finds firm gave ‘false impression’ that quarterly statements listed all fees
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Drop in adviser demand for inflation protection products
But they have looking at strategies to combat environment of tightening interest rates
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US fintech firm enters UK market with Sipp offering
As it partners with a British investment and retirement services provider