Latest call for input evidence pensions still too complex
Disengaged investors more susceptible to scams and remain in poor performing products
UK Adviser
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Swiss firm buys 50.1% stake in UK advice company
IFA business is an ‘ideal springboard’ for the financial services group to build a presence in Britain
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Call to review tax-free pension lump sum
Withdrawing the entire pot to access 25% puts the rest at risk of stagnating
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FCA sets out stronger protection rules for retail investors
Firms will have to follow the guidance or ‘face regulatory action’
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DB transfers face further hurdles in bid to stop scams
But warnings that DWP’s plan could push market ‘back into the dark ages’ and ‘cause serious consumer detriment’
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CII joins UK government scheme to kickstart careers in finance
36 advice and insurance firms will offer job placements to 58 youngsters in the coming weeks
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UK lifeboat scheme reduces 2021/22 levy to £833m
Lower forecast sparked by delays in Sipp claims and extension of government support for businesses
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Scottish IFA firms merge
As director retires after 40 years in the industry
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Financial planning firm opens London office
Former 2Plan Wealth Management and Throgmorton Private Capital adviser will run the operation
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How are UK advice firms planning for the end of lockdown?
‘Face-to-face meetings will quickly become the exception rather than the norm’
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Tilney S&W to roll out hybrid digital advice service
Wealth manager will also continue to ‘explore selective M&A’ deals
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Law firm sets up UK wealth management service
It will provide advice on a range of issues including succession planning and cross-border estates