Seven firms declared in default in last two months
This means firms have gone out of business and are unable to meet any claim themselves
News
-
-
Plan First Wealth partners with Optimise to provide cross-border tax service
Allowing clients to access US tax preparation and advice
-
Parmenion integrates data tools to improve adviser reporting
Fastrak and FINIO will give advisers access to data about their clients’ investments
-
Progeny acquires Nottingham-based wealth manager
Taking the firm’s assets under management to £8bn
-
Four-fifths of DB pension trustees expected to approach insurer in next five years
With 36% expected to approach one within the next year
-
PEOPLE MOVES: Benchmark, Aviva Investors, Schroders PW
Advice business announces CEO change, as asset manager names head of global wealth for UK
-
Credit Agricole subsidiary to buy majority stake in European wealth firm
Acquired business has €71bn in client assets
-
Retail investment advice revenues increase by 3%
As firms pay £166m in professional indemnity premiums
-
IFA market set for mass client switching due to wealth transfer
Just 48% of inheriting Brits have a relationship with an adviser used by family members
-
28% of HNW Brits have no measures in place to address IHT
Many more people will be impacted by inheritance tax in the future
-
Axa boosts European health operation with €650m acquisition
Insurance giant aims to grow its footprint across the continent
-
FCA halts plans for simplified advice following ‘limited’ industry support
As regulator pushes on with review into advice/guidance boundary