Some of the largest platforms have been contacted by the Financial Conduct Authority (FCA) following the suspension of M&G’s Property Portfolio fund and asked to provide details on the number of investors affected by the closure.
The FCA said it contacted platforms to ask for the number of clients who would be affected by the closure of the fund. It followed the news that M&G's Property Portfolio fund had been suspended after "unusually...
D2C growth particularly strong
10 year working relationship
No plans to take advantage of government schemes
Standard Life Aberdeen's financial advice business 1825 has made changes to its leadership team that will see joint-leaders take charge of its financial planning and advice teams.
Entered administration in February
Occupational pensions schemes will be required to direct savers to take guidance on pension withdrawals under new provisions to boost engagement.
40% increase year-on-year