The Financial Services Compensation Scheme (FSCS) has paid just under £2.7m to 135 customers of collapsed mini-bond provider London Capital & Finance.
Though mini-bonds are not a regulated product, the lifeboat fund said customers invested in the bonds following transferring out of stocks and shares ISAs, which is considered a regulated activity. The...
Expected by Q2 2021
Rolls-Royce to cut 9,000 jobs
Data live from December
'No stone will be left unturned by regulators'
Scams prevention given weight
Netwealth on hunt for IFAs
From new attitudes to life, to how they approach investing, the wealth outlook is different for baby boomers, millennials and generation Z. Professional Adviser investigates how this may impact their retirement.
Third highest monthly figure since 1993
'Cannot normalise this level of loss'
There is no shortage of IFA firms looking to sell up, writes Daniel Baade. However, the big question is how to finance the acquisition of IFA or wealth management firms...