Advisers "substantially underestimate" the threat from direct to consumer (D2C) businesses and are "overoptimistic" about future revenues post-Retail Distribution Review (RDR), according to a wide ranging study by Cass Business School and BNY Mellon....
The current High Court case regarding pensions liberation does not have the scope to end the practice, a Chancery Division judge has warned.
Regulatory service provider The Consulting Consortium (TCC) has launched an analysis service aimed at helping financial adviser firms review client files for potential unsuitability.
The Financial Conduct Authority (FCA) is looking into claims traders intentionally pushed up the price of government bonds before attempting to sell them to the Bank of England (BoE) in 2011.
Barclays has named JP Morgan Chase chief financial officer Tushar Morzaria as group finance director.