News

Network Tenet has been authorised by the Financial Conduct Authority (FCA) to provide a full range of consumer credit services.

There is a medium risk of an interim levy on life and pensions advisers from the Financial Services Compensation Scheme (FSCS) due to the volume of claims against self invested personal pension (SIPP) providers, it has said.

The regulator is set to meet members of the Tax Incentivised Savings Association (TISA) to discuss re-registration rules, with the trade body reiterating to platforms best practice guidelines when dealing with super clean share classes after issues arose...

The Financial Ombudsman Service (FOS) has ruled a financial adviser did not pressurise an investor to buy 600 company shares after listening to recordings of their conversations.

Aegon UK has given the role of managing director of its direct to consumer service Retiready to David Beattie, as part of a management reshuffle.

The Pensions Ombudsman has announced delays to its decision on upwards of 84 complaints related to suspected liberation fraud, claiming it is "not yet in a position to publish" conclusions.

The Financial Conduct Authority (FCA) is seeking examples of occasions the industry suspects it may have applied its rules after the fact with the benefit of hindsight.

Wrap Nucleus saw £725m of inflows in the six months to 30 June, with profits jumping 85% as the platform grew its market share.

A listed national IFA has joined the Caerus network after deciding the "time was not right" to become directly authorised (DA).

Advisory and wrap business Raymond James Investment Services has consolidated its return to profit, generating almost £235,000 in 2013.