Your profession

Consolidator Bellpenny has completed two more IFA acquisitions bringing an additional £56m in funds under management and more than 250 clients.

The Financial Conduct Authority (FCA) has published a paper clarifying its stance on how advisers will be held liable when dealing with insistent clients.

Lessons from across the pond

Wealth manager Sanlam UK has bought a 20% stake in the Caerus network alongside the firm's entire asset management business.

The Financial Conduct Authority (FCA) has looked east for its new head of enforcement, bringing in the man who currently heads up the same division for the Hong Kong regulator.

State-owned Lloyds Banking Group has been hit with a £117m fine by the Financial Conduct Authority (FCA), the "largest retail fine" it has ever issued.

The best communication strategy for advisers to keep clients happy is to contact them 11 times a year, according to a survey which tracked client satisfaction.

Wealth manager the Beaufort group has poached Sanlam head of partnerships Oliver Couchman to head its distribution team.

The Financial Services Compensation Scheme (FSCS) is considering how it can introduce 'risk' as a metric upon which to base the calculation of its levy on firms.

Old Mutual Wealth has hired Jane Goodland from Towers Watson to head its responsible business efforts.