Professional Adviser www.professionaladviser.com Government gives FCA ten weeks to issue an update on its AI work <img alt="Government gives FCA ten weeks to issue an update on its AI work" src="https://www.professionaladviser.com/api/v1/wps/dd72fc1/c61317e2-0653-4e2f-bc56-f0e5691bb31c/3/iStock-157168902-2-185x114.jpg" /> <p><!--summary start--> Government ministers are calling on the Financial Conduct Authority (FCA) to publish an update on its strategic approach to artificial intelligence (AI) by the end of April. <!--summary end--></p> https://www.professionaladviser.com/api/v1/wps/dd72fc1/c61317e2-0653-4e2f-bc56-f0e5691bb31c/3/iStock-157168902-2-185x114.jpg https://www.professionaladviser.com/news/4174589/government-fca-weeks-issue-update-ai https://www.professionaladviser.com/news/4174589/government-fca-weeks-issue-update-ai https://www.professionaladviser.com/news/4174589/government-fca-weeks-issue-update-ai Thu, 15 Feb 2024 11:13:21 +0000 A look at the FCA's plan for its advice guidance boundary review <img alt="A look at the FCA&#39;s plan for its advice guidance boundary review" src="https://www.professionaladviser.com/api/v1/wps/ab3cebc/bd753197-b148-44a1-87d8-e210cc908468/4/iStock-172345691-185x114.jpg" /> <p><!--summary start--> There is undoubtedly an advice gap of sorts in the UK, Tony Bullock writes…But how does the Financial Conduct Authority (FCA) plan to tackle it? <!--summary end--></p> https://www.professionaladviser.com/api/v1/wps/ab3cebc/bd753197-b148-44a1-87d8-e210cc908468/4/iStock-172345691-185x114.jpg https://www.professionaladviser.com/opinion/4158412/look-fcas-plan-advice-guidance-boundary-review https://www.professionaladviser.com/opinion/4158412/look-fcas-plan-advice-guidance-boundary-review https://www.professionaladviser.com/opinion/4158412/look-fcas-plan-advice-guidance-boundary-review Tue, 2 Jan 2024 15:21:25 +0000 FCA sends 146 alerts in first day of crypto promotion regime <img alt="FCA sends 146 alerts in first day of crypto promotion regime" src="https://www.professionaladviser.com/api/v1/wps/c670b44/2d38c6de-d566-408d-a73e-e8142462ba26/5/iStock-1410871938-185x114.jpg" /> <p><!--summary start--> The Financial Conduct Authority (FCA) has issued 146 alerts against crypto firms, which were not registered or regulated to promote cryptoassets. <!--summary end--></p> https://www.professionaladviser.com/api/v1/wps/c670b44/2d38c6de-d566-408d-a73e-e8142462ba26/5/iStock-1410871938-185x114.jpg https://www.professionaladviser.com/news/4133122/fca-sends-146-alerts-day-crypto-promotion-regime https://www.professionaladviser.com/news/4133122/fca-sends-146-alerts-day-crypto-promotion-regime https://www.professionaladviser.com/news/4133122/fca-sends-146-alerts-day-crypto-promotion-regime Tue, 10 Oct 2023 14:06:11 +0000 Edinburgh advice firms join forces in strategic merger <img alt="Edinburgh advice firms join forces in strategic merger" src="https://www.professionaladviser.com/api/v1/wps/d37a794/73083f8b-cf75-4494-a6ea-d75c9ba6e52d/4/edinburgh-185x114.jpg" /> <p><!--summary start--> Edinburgh-based advice firms RMS Financial and Calton Wealth Management have announced a merger. <!--summary end--></p> https://www.professionaladviser.com/api/v1/wps/d37a794/73083f8b-cf75-4494-a6ea-d75c9ba6e52d/4/edinburgh-185x114.jpg https://www.professionaladviser.com/news/4119712/edinburgh-advice-firms-join-forces-strategic-merger https://www.professionaladviser.com/news/4119712/edinburgh-advice-firms-join-forces-strategic-merger https://www.professionaladviser.com/news/4119712/edinburgh-advice-firms-join-forces-strategic-merger Mon, 10 Jul 2023 06:53:53 +0000 PA Awards 2023: Winners' photo gallery from the night! <img alt="PA Awards 2023: Winners&#39; photo gallery from the night!" src="https://www.professionaladviser.com/api/v1/wps/47bec9e/7de96119-ce6f-44cf-9da4-d6b4de755b39/12/PAAwardsWinners-17-Best-Financial-Adviser-185x114.jpg" /> <p><!--summary start--> While the PA Awards are now sadly over for another year, you can now look back on all the best photos from the night! <!--summary end--></p> https://www.professionaladviser.com/api/v1/wps/47bec9e/7de96119-ce6f-44cf-9da4-d6b4de755b39/12/PAAwardsWinners-17-Best-Financial-Adviser-185x114.jpg https://www.professionaladviser.com/news/4113036/pa-awards-2023-winners-photo-gallery-night https://www.professionaladviser.com/news/4113036/pa-awards-2023-winners-photo-gallery-night https://www.professionaladviser.com/news/4113036/pa-awards-2023-winners-photo-gallery-night Fri, 28 Apr 2023 11:00:18 +0000 Artificial intelligence in advice: Finding the winning formula <img alt="Artificial intelligence in advice: Finding the winning formula" src="https://www.professionaladviser.com/api/v1/wps/b200b10/8d2ce4e5-716f-4656-8eea-bc8ae115f3cf/7/AI-185x114.jpg" /> <p><!--summary start--> Russell Andrews looks at the use of artificial intelligence in the advice process in his latest article for Professional Adviser <!--summary end--></p> https://www.professionaladviser.com/api/v1/wps/b200b10/8d2ce4e5-716f-4656-8eea-bc8ae115f3cf/7/AI-185x114.jpg https://www.professionaladviser.com/opinion/4111756/ai-advice-finding-winning-formula https://www.professionaladviser.com/opinion/4111756/ai-advice-finding-winning-formula https://www.professionaladviser.com/opinion/4111756/ai-advice-finding-winning-formula Wed, 12 Apr 2023 14:36:20 +0000 Alexander Sloan FP fails following employment case pay out <img alt="Alexander Sloan FP fails following employment case pay out" src="https://www.professionaladviser.com/api/v1/wps/ad0cec5/47192b00-1055-4c61-90c8-753d47326e69/4/iStock-1340786694-185x114.jpg" /> <p><!--summary start--> Scottish financial advice company, Alexander Sloan Financial Planning, failed yesterday (15 February), a year after an employment tribunal ordered it to pay a former adviser almost £140,000 for unfair dismissal and unlawful deduction of wages. <!--summary end--></p> https://www.professionaladviser.com/api/v1/wps/ad0cec5/47192b00-1055-4c61-90c8-753d47326e69/4/iStock-1340786694-185x114.jpg https://www.professionaladviser.com/news/4074554/alexander-sloan-fp-fails-following-employment-case-pay https://www.professionaladviser.com/news/4074554/alexander-sloan-fp-fails-following-employment-case-pay https://www.professionaladviser.com/news/4074554/alexander-sloan-fp-fails-following-employment-case-pay Thu, 16 Feb 2023 12:41:44 +0000 Schroders' Benchmark Capital takes stake in Oculus Wealth Management <img alt="Schroders&#39; Benchmark Capital takes stake in Oculus Wealth Management" src="https://www.professionaladviser.com/api/v1/wps/6314075/77829223-f3c5-4ac8-b646-8845b1b22be9/5/iStock-1317470754-185x114.jpg" /> <p><!--summary start--> Benchmark Capital, the financial planning part of Schroders Group, has reached an agreement to take a 51% shareholding in Oculus Wealth Management. <!--summary end--></p> https://www.professionaladviser.com/api/v1/wps/6314075/77829223-f3c5-4ac8-b646-8845b1b22be9/5/iStock-1317470754-185x114.jpg https://www.professionaladviser.com/news/4061537/schroders-benchmark-capital-takes-stake-oculus-wealth-management https://www.professionaladviser.com/news/4061537/schroders-benchmark-capital-takes-stake-oculus-wealth-management https://www.professionaladviser.com/news/4061537/schroders-benchmark-capital-takes-stake-oculus-wealth-management Tue, 13 Dec 2022 07:30:34 +0000 Evelyn Partners unveils 'ambitious' growth plans with new Glasgow office <img alt="Evelyn Partners unveils &#39;ambitious&#39; growth plans with new Glasgow office" src="https://www.professionaladviser.com/api/v1/wps/6465000/09b70698-5579-40ee-be58-06b5bcd8d5d7/3/iStock-1330966459-185x114.jpg" /> <p><!--summary start--> Evelyn Partners will bring together its Glasgow teams in a new central office as it looks to push forward with “ambitious growth plans” in Scotland. <!--summary end--></p> https://www.professionaladviser.com/api/v1/wps/6465000/09b70698-5579-40ee-be58-06b5bcd8d5d7/3/iStock-1330966459-185x114.jpg https://www.professionaladviser.com/news/4056640/evelyn-partners-unveils-ambitious-growth-plans-glasgow-office https://www.professionaladviser.com/news/4056640/evelyn-partners-unveils-ambitious-growth-plans-glasgow-office https://www.professionaladviser.com/news/4056640/evelyn-partners-unveils-ambitious-growth-plans-glasgow-office Wed, 21 Sep 2022 10:06:16 +0000 SIF 2022: How to invest in biodiversity <img alt="SIF 2022: How to invest in biodiversity" src="https://www.professionaladviser.com/api/v1/wps/14fbc2a/5c6c162a-f7f6-4612-98a8-89f406127d57/1/2022-07-11-Incisive-SIV-279-185x114.jpg" /> <p><!--summary start--> <!--summary end--></p> https://www.professionaladviser.com/api/v1/wps/14fbc2a/5c6c162a-f7f6-4612-98a8-89f406127d57/1/2022-07-11-Incisive-SIV-279-185x114.jpg https://www.professionaladviser.com/sponsored/4053982/sif-2022-invest-biodiversity https://www.professionaladviser.com/sponsored/4053982/sif-2022-invest-biodiversity https://www.professionaladviser.com/sponsored/4053982/sif-2022-invest-biodiversity Thu, 4 Aug 2022 13:17:51 +0000 PFS pushes for rethink of FCA's £71.2m British Steel compensation scheme <img alt="PFS pushes for rethink of FCA&#39;s £71.2m British Steel compensation scheme" src="https://www.professionaladviser.com/api/v1/wps/ea842a9/58c0266f-491d-4678-8b5a-fb7cfe7b6cc6/4/iStock-116008474-185x114.jpg" /> <p><!--summary start--> The Personal Finance Society (PFS) wants the Financial Conduct Authority (FCA) to reconsider its plans for assessing the amount of compensation owed to British Steel Pension Scheme (BSPS) members, calling its suitability into question. <!--summary end--></p> https://www.professionaladviser.com/api/v1/wps/ea842a9/58c0266f-491d-4678-8b5a-fb7cfe7b6cc6/4/iStock-116008474-185x114.jpg https://www.professionaladviser.com/news/4051934/pfs-pushes-rethink-fcas-gbp71-british-steel-compensation-scheme https://www.professionaladviser.com/news/4051934/pfs-pushes-rethink-fcas-gbp71-british-steel-compensation-scheme https://www.professionaladviser.com/news/4051934/pfs-pushes-rethink-fcas-gbp71-british-steel-compensation-scheme Tue, 28 Jun 2022 09:17:13 +0000 FOS appoints new CEO and chief ombudsman <img alt="FOS appoints new CEO and chief ombudsman " src="https://www.professionaladviser.com/api/v1/wps/89afec7/7ed3ff34-a63a-4edb-bf32-8be006a334ab/5/Abby-Thomas-185x114.jpg" /> <p><!--summary start--> The Financial Ombudsman Service (FOS) has appointed Abby Thomas to the role of CEO and chief ombudsman, it revealed. <!--summary end--></p> https://www.professionaladviser.com/api/v1/wps/89afec7/7ed3ff34-a63a-4edb-bf32-8be006a334ab/5/Abby-Thomas-185x114.jpg https://www.professionaladviser.com/news/4050923/fos-appoints-ceo-chief-ombudsman https://www.professionaladviser.com/news/4050923/fos-appoints-ceo-chief-ombudsman https://www.professionaladviser.com/news/4050923/fos-appoints-ceo-chief-ombudsman Wed, 8 Jun 2022 10:38:59 +0000 David Downie: Express trust registration - what advisers need to know <img alt="David Downie: Express trust registration - what advisers need to know" src="https://www.professionaladviser.com/api/v1/wps/fc42a29/5ec1e670-37b6-423a-a9ad-cd8bb2e235b2/3/iStock-1182046097-185x114.jpg" /> <p><!--summary start--> David Downie sets out what advisers need to know about express trust registration in his latest article for Professional Adviser... <!--summary end--></p> https://www.professionaladviser.com/api/v1/wps/fc42a29/5ec1e670-37b6-423a-a9ad-cd8bb2e235b2/3/iStock-1182046097-185x114.jpg https://www.professionaladviser.com/opinion/4049414/david-downie-express-trust-registration-advisers https://www.professionaladviser.com/opinion/4049414/david-downie-express-trust-registration-advisers https://www.professionaladviser.com/opinion/4049414/david-downie-express-trust-registration-advisers Wed, 18 May 2022 09:32:58 +0000 Planning on cusp of a 'golden age' as tech serves growing demand <img alt="Planning on cusp of a &#39;golden age&#39; as tech serves growing demand" src="https://www.professionaladviser.com/api/v1/wps/7aa63f3/7f2fcaec-4642-40eb-9ffc-bc0d99c1b21a/8/joshua-sortino-LqKhnDzSF-8-unsplash-185x114.jpg" /> <p><!--summary start--> Financial planning is on the cusp of a “golden age”, according to Dynamic Planner chief executive Ben Goss, as growing demand can be more easily met through the adoption of technology. <!--summary end--></p> https://www.professionaladviser.com/api/v1/wps/7aa63f3/7f2fcaec-4642-40eb-9ffc-bc0d99c1b21a/8/joshua-sortino-LqKhnDzSF-8-unsplash-185x114.jpg https://www.professionaladviser.com/news/4044267/planning-cusp-golden-age-tech-serves-growing-demand https://www.professionaladviser.com/news/4044267/planning-cusp-golden-age-tech-serves-growing-demand https://www.professionaladviser.com/news/4044267/planning-cusp-golden-age-tech-serves-growing-demand Wed, 2 Feb 2022 10:33:15 +0000 Tilney Smith & Williamson sees gross inflows of £4.5bn in nine months <img alt="Tilney Smith &amp; Williamson sees gross inflows of £4.5bn in nine months" src="https://www.professionaladviser.com/api/v1/wps/c84e8c2/5f7b8213-db29-46ca-b4ec-70d65eb444a6/11/Chris-Woodhouse-185x114.jpg" /> <p><!--summary start--> Tilney Smith & Williamson has attracted £4.5bn of gross new business in the first nine months of 2021, bringing assets under management to £56bn. <!--summary end--></p> https://www.professionaladviser.com/api/v1/wps/c84e8c2/5f7b8213-db29-46ca-b4ec-70d65eb444a6/11/Chris-Woodhouse-185x114.jpg https://www.professionaladviser.com/news/4039568/tilney-smith-williamson-gross-inflows-gbp-5bn-months https://www.professionaladviser.com/news/4039568/tilney-smith-williamson-gross-inflows-gbp-5bn-months https://www.professionaladviser.com/news/4039568/tilney-smith-williamson-gross-inflows-gbp-5bn-months Mon, 1 Nov 2021 15:55:07 +0000 Suspicious activity reports by staff at financial firms exceeded one million during 2019-20 <img alt="Suspicious activity reports by staff at financial firms exceeded one million during 2019-20" src="https://www.professionaladviser.com/api/v1/wps/7175c40/f2f26c25-3be8-4e02-a4f5-5b020e0515f2/7/iStock-1271787791-185x114.jpg" /> <p><!--summary start--> Suspicious activity reports submitted by staff at financial firms have been steadily increasing in number year-on-year since 2017, according to data from the FCA. <!--summary end--></p> https://www.professionaladviser.com/api/v1/wps/7175c40/f2f26c25-3be8-4e02-a4f5-5b020e0515f2/7/iStock-1271787791-185x114.jpg https://www.professionaladviser.com/news/4039542/suspicious-activity-reports-staff-financial-firms-exceeded-million-2019 https://www.professionaladviser.com/news/4039542/suspicious-activity-reports-staff-financial-firms-exceeded-million-2019 https://www.professionaladviser.com/news/4039542/suspicious-activity-reports-staff-financial-firms-exceeded-million-2019 Mon, 1 Nov 2021 12:35:24 +0000 T. Rowe Price acquires Oak Hill Advisors <img alt="T. Rowe Price acquires Oak Hill Advisors " src="https://www.professionaladviser.com/api/v1/wps/a59d378/f9270b48-9489-4ffb-a798-30a6657821d5/3/shutterstock-207866794-185x114.jpeg" /> <p><!--summary start--> T. Rowe Price is buying alternative credit manager Oak Hill Advisor (OHA) for a total consideration of $4.2bn, to be paid mostly in cash, as demand for alternative credit strategies among institutional investors gathers pace. <!--summary end--></p> https://www.professionaladviser.com/api/v1/wps/a59d378/f9270b48-9489-4ffb-a798-30a6657821d5/3/shutterstock-207866794-185x114.jpeg https://www.professionaladviser.com/news/4039435/rowe-price-acquires-oak-hill-advisors https://www.professionaladviser.com/news/4039435/rowe-price-acquires-oak-hill-advisors https://www.professionaladviser.com/news/4039435/rowe-price-acquires-oak-hill-advisors Thu, 28 Oct 2021 18:39:58 +0000 Thank you and goodbye from Retirement Planner <p><!--summary start--> Retirement Planner is, itself, retiring on Thursday 15 October 2021. <!--summary end--></p> https://www.professionaladviser.com/news/4042674/thank-goodbye-retirement-planner https://www.professionaladviser.com/news/4042674/thank-goodbye-retirement-planner Tue, 12 Oct 2021 20:59:28 +0000 Rachel Vahey: Keeping on the right side of the advice boundary <p><!--summary start--> Advisers must stick to the script when it comes to the DB transfer triage process, writes Rachel Vahey <!--summary end--></p> https://www.professionaladviser.com/news/4042636/rachel-vahey-keeping-advice-boundary https://www.professionaladviser.com/news/4042636/rachel-vahey-keeping-advice-boundary Mon, 16 Aug 2021 21:04:02 +0000 FCA's Business Plan: Five key points for advisers <p><!--summary start--> Lawyers Paul Edmondson and Pippa Tasker look at the FCA's latest Business Plan and pull out five key points to take away... <!--summary end--></p> https://www.professionaladviser.com/news/4042628/fcas-business-plan-key-advisers https://www.professionaladviser.com/news/4042628/fcas-business-plan-key-advisers Tue, 27 Jul 2021 08:35:35 +0000 Nick Flynn: Will FCA Consumer Duty rules finally fix OMO? <p><!--summary start--> Nick Flynn explores FOMO - fear of the open market option - something he hopes will be overcome when the FCA implements its Consumer Duty measures... <!--summary end--></p> https://www.professionaladviser.com/news/4042588/nick-flynn-fca-consumer-duty-rules-finally-fix-omo https://www.professionaladviser.com/news/4042588/nick-flynn-fca-consumer-duty-rules-finally-fix-omo Thu, 10 Jun 2021 14:01:40 +0000 Enter now: Gold Standard Awards 2021 open for DFMs and financial advisers <p><!--summary start--> Enter now: Gold Standard Awards 2021 open for DFMs and financial advisers <!--summary end--></p> https://www.professionaladviser.com/news/4042584/enter-gold-standard-awards-2021-open-dfms-financial-advisers https://www.professionaladviser.com/news/4042584/enter-gold-standard-awards-2021-open-dfms-financial-advisers Thu, 3 Jun 2021 13:02:09 +0000 Rachel Vahey: The inter-connectedness of all things pension <p><!--summary start--> Rachel Vahey looks at the inter-connectedness of all things pension in her latest article for RP <!--summary end--></p> https://www.professionaladviser.com/news/4042571/rachel-vahey-inter-connectedness-pension https://www.professionaladviser.com/news/4042571/rachel-vahey-inter-connectedness-pension Thu, 20 May 2021 14:41:52 +0000 FCA requires providers to book Pension Wise appointments in guidance push <p><!--summary start--> Pension providers will be required to book Pension Wise appointments for customers under new plans published by the regulator as it attempts to increase retirement guidance take-up. <!--summary end--></p> https://www.professionaladviser.com/news/4042552/fca-requires-providers-book-pension-wise-appointments-guidance-push https://www.professionaladviser.com/news/4042552/fca-requires-providers-book-pension-wise-appointments-guidance-push Tue, 4 May 2021 14:36:00 +0000 Nominations open for Women in Financial Advice Awards 2021 <p><!--summary start--> RP and PA are pleased to announce that nominations for the 2021 Women in Financial Advice Awards are now open. <!--summary end--></p> https://www.professionaladviser.com/news/4042525/nominations-open-women-financial-advice-awards-2021 https://www.professionaladviser.com/news/4042525/nominations-open-women-financial-advice-awards-2021 Mon, 19 Apr 2021 10:26:00 +0000 Rachel Vahey: Four key takeaways from WPC Scams Report <p><!--summary start--> Rachel Vahey sets out four key takeaways from the WPC report into pension scams and urges swift, nimble action to stop the perpetrators <!--summary end--></p> https://www.professionaladviser.com/news/4042527/rachel-vahey-key-takeaways-wpc-scams-report https://www.professionaladviser.com/news/4042527/rachel-vahey-key-takeaways-wpc-scams-report Wed, 14 Apr 2021 10:36:14 +0000 Henry Cobbe: Retirement in focus - pathways, PROD and proposition <p><!--summary start--> Henry Cobbe returns to RP with an in-depth look at drawdown investment pathways and explains what it means for advisers... <!--summary end--></p> https://www.professionaladviser.com/news/4042471/henry-cobbe-retirement-focus-pathways-prod-proposition https://www.professionaladviser.com/news/4042471/henry-cobbe-retirement-focus-pathways-prod-proposition Mon, 15 Feb 2021 11:09:43 +0000 Justin Corliss: Why are drawdown transfers few and far between? <p><!--summary start--> Justin Corliss looks at the reasons why drawdown transfers are just not happening and whether things will change when 'Assessing Suitability Part 2' hits <!--summary end--></p> https://www.professionaladviser.com/news/4042458/justin-corliss-drawdown-transfers https://www.professionaladviser.com/news/4042458/justin-corliss-drawdown-transfers Tue, 9 Feb 2021 15:47:43 +0000 Kim Jarvis: In advisers we trust <p><!--summary start--> Kim Jarvis looks at the expansion of the Trust Register Service in her latest article for Retirement Planner <!--summary end--></p> https://www.professionaladviser.com/news/4042446/kim-jarvis-advisers-trust https://www.professionaladviser.com/news/4042446/kim-jarvis-advisers-trust Tue, 26 Jan 2021 14:31:11 +0000 FCA extends adviser fee deadline for majority of firms <p><!--summary start--> The Financial Conduct Authority (FCA) has extended the payment deadlines for 90% of financial advice firms due to the impact of coronavirus. <!--summary end--></p> https://www.professionaladviser.com/news/4018756/fca-extends-adviser-fee-deadline-majority-firms https://www.professionaladviser.com/news/4018756/fca-extends-adviser-fee-deadline-majority-firms Fri, 7 Aug 2020 11:19:01 +0000 Partner Insight: Does sustainable multi-asset need a clearer story? <p><!--summary start--> <!--summary end--></p> https://www.professionaladviser.com/sponsored/4016470/partner-insight-sustainable-multi-asset-clearer-story https://www.professionaladviser.com/sponsored/4016470/partner-insight-sustainable-multi-asset-clearer-story Wed, 1 Jul 2020 16:00:50 +0000 Keith Richards: Relaxing cap ad rules amid pandemic could leave firms vulnerable in the long run <p><!--summary start--> Personal Finance Society (PFS) chief executive Keith Richards has said a relaxation on capital adequacy (cap ad) rules amid the coronavirus outbreak could leave firms more vulnerable to unforeseen financial impact in the future. <!--summary end--></p> https://www.professionaladviser.com/news/4012688/keith-richards-relaxing-cap-rules-amid-pandemic-leave-firms-vulnerable-long-run https://www.professionaladviser.com/news/4012688/keith-richards-relaxing-cap-rules-amid-pandemic-leave-firms-vulnerable-long-run Wed, 18 Mar 2020 17:20:30 +0000 'FCA's failure to supervise leading to FSCS levy hikes' - PIMFA <p><!--summary start--> “Ongoing failure” of the Financial Conduct Authority’s (FCA) supervisory regime is partly to blame for the colossal increases in the Financial Services and Compensation Scheme (FSCS) levy, an industry body has said. <!--summary end--></p> https://www.professionaladviser.com/news/4011654/fca-failure-supervise-leading-fscs-levy-hikes-pimfa https://www.professionaladviser.com/news/4011654/fca-failure-supervise-leading-fscs-levy-hikes-pimfa Mon, 2 Mar 2020 13:33:17 +0000 Poor HR practices leave advisers at risk of SM&CR breach <p><!--summary start--> Most advisers are not doing enough in human resource compliance and are at risk of breaching Senior Managers and Certification Regime (SM&CR) regulations, Model Office founder Chris Davies has warned. <!--summary end--></p> https://www.professionaladviser.com/news/4011641/poor-hr-practices-leave-advisers-risk-sm-breach https://www.professionaladviser.com/news/4011641/poor-hr-practices-leave-advisers-risk-sm-breach Mon, 2 Mar 2020 13:05:14 +0000 Court blocks £12bn annuity transfer from Prudential to Rothesay Life <p><!--summary start--> The High Court has blocked the £12bn transfer of Prudential's annuity book to Rothesay Life, citing the insurer's lack of "established reputation" and differing "capital management policies". <!--summary end--></p> https://www.professionaladviser.com/news/3080609/court-blocks-gbp12bn-annuity-transfer-prudential-rothesay-life https://www.professionaladviser.com/news/3080609/court-blocks-gbp12bn-annuity-transfer-prudential-rothesay-life Mon, 19 Aug 2019 10:41:37 +0000 Treasury Committee urges expansion of FCA's powers <p><!--summary start--> The House of Commons Treasury Committee has urged HM Treasury to extend the remit and powers of the Financial Conduct Authority (FCA) in efforts to avoid potential harm in the future caused by unregulated SME lending, "mortgage prisoners", mini bond firms like London Capital and Finance, as well as crypto scams. <!--summary end--></p> https://www.professionaladviser.com/news/3079949/treasury-committee-urges-expansion-fcas-powers https://www.professionaladviser.com/news/3079949/treasury-committee-urges-expansion-fcas-powers Fri, 2 Aug 2019 07:28:15 +0000 Charles Stanley buys Leeds-based Middleton Croft <p><!--summary start--> Charles Stanley has bought Leeds-based discretionary investment management firm Myddleton Croft. <!--summary end--></p> https://www.professionaladviser.com/news/3079893/charles-stanley-buys-leeds-middleton-croft https://www.professionaladviser.com/news/3079893/charles-stanley-buys-leeds-middleton-croft Thu, 1 Aug 2019 09:03:37 +0000 £100,000 pensions gap for women in part-time work <p><!--summary start--> Women's savings are being cut due to part-time work leaving them £105,000 worse off than men in retirement, research conducted by the Pensions Policy Institute (PPI) and Now Pensions revealed. <!--summary end--></p> https://www.professionaladviser.com/news/3078800/gbp100-pensions-gap-women https://www.professionaladviser.com/news/3078800/gbp100-pensions-gap-women Thu, 11 Jul 2019 11:11:12 +0000 Woodford promises 'much more liquid portfolio' when Equity Income fund re-opens <p><!--summary start--> Neil Woodford has issued a letter to clients promising a revamped portfolio in the suspended Equity Income fund when it re-opens, as he reiterated his commitment to investing in undervalued companies. <!--summary end--></p> https://www.professionaladviser.com/news/3077223/woodford-promises-liquid-portfolio-equity-income-fund https://www.professionaladviser.com/news/3077223/woodford-promises-liquid-portfolio-equity-income-fund Wed, 12 Jun 2019 08:44:55 +0000