The Financial Conduct Authority (FCA) has uncovered widespread shortcomings in consumer credit promotions, such as payday loan advertisements.
Profits at financial services firm LEBC were up 38% last year, reaching £774,000 by September 2013, results show.
Defined contribution (DC) savers who intend to manage their own pension pot in retirement are unwilling to pay for regular advice, according to research from consultant firm Hymans Roberston.
IFA business County Life & Pensions and investment manager Blacksquare are to be acquired by Tavistock Investments as part of its plans to assemble a national financial services business.
If only the financial services sector was more like Stewart Lee
Keeping one step ahead of the regulator...
Adviser Masterclass: How to value your business
Financial Conduct Authority (FCA) technical specialist Rory Percival today warned advisers they may be "flipping a coin" as to the suitability of their recommendations if they fail to personalise advice when using centralised investment propositions (CIPs)....
Informed Choice executive director Nick Bamford has dismissed the idea that advisers can produce "better" investment performance for clients, saying what he offers is "suitability" not shoot out the lights returns.