News

Cardiff-based IFA Penguin Wealth has launched an online retirement planning advice service aimed at lower-net-worth consumers.

The Financial Conduct Authority (FCA) has issued a prohibition order against a financial adviser currently serving prison time for six counts of fraud.

The Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) have launched enforcement investigations into failures at the Co-operative Bank which led to it receiving a rescue package of £1.5bn from its parent company.

Accredited paraplanner Claire Goodwin is set to join outsourced business The Paraplanners later this month.

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Lloyds Bank has become the latest lender to launch products under the Help to Buy mortgage guarantee scheme.

Former Threadneedle CIO, CEO and chairman Simon Davies has joined Square Mile Investment Research as a founding investor and chairman.

Skagen has launched RDR-compliant clean share classes in the UK for its Kon-Tiki, Global and Vekst equity funds.

Charles Stanley Direct has cut its share dealing rate by 25% to £7.50 per trade for the whole of January, in a bid to encourage clients to annually rebalance their portfolios.

The Financial Conduct Authority (FCA) has hired ex-Kleinwort Benson chief executive Robert Taylor as head of wealth management and private banking in its supervision division.