Experts have expressed their disbelief after it was announced the Financial Services Compensation Scheme's (FSCS) limit for deposit protection would be reduced to £75,000.
Guidance guarantee providers will be liable for redress in the event of a consumer complaint about Pension Wise, the Financial Conduct Authority (FCA) has said.
National wealth manager and adviser consolidator Bellpenny is to re-organise its management structure later this year, with current chief executive Kevin Ronaldson stepping down to become founder director.
The Association of Professional Financial Advisers (APFA) has written to the Chancellor to ask for a cut in financial services regulation in his upcoming emergency Budget.
Financial advisers rank top in the regulator's list of firms people raised concerns about, according to figures published in its annual report.
Provider Zurich is reviewing whether to allow legacy retail clients access to its flexible drawdown product on a non-advised basis, in an effort to streamline pension freedom.
Six consumer biases advisers should be aware of
Wealth manager European Wealth has completed the £3m acquisition of IFA business ISM Solutions it announced in its annual results in May.
Intrinsic appointed representative Wealth Help is launching a direct to consumer (D2C) service to facilitate financial planning for the mass market.
Functionality and cost remain the only real drivers behind advisers wanting to switch platforms in an otherwise increasingly ‘sticky' market, a survey has found.