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News

FCA and other regulators scrap £10k compensation cap

Regulation

FCA and other regulators scrap £10k compensation cap

A revised scheme will apply from 1 November 2023

clock 27 July 2023 • 1 min read
Coutts CEO Peter Flavel steps down after Nigel Farage banking row

Your profession

Coutts CEO Peter Flavel steps down after Nigel Farage banking row

The boss of the private bank will be replaced by Mohammad Kamal Syed

clock 27 July 2023 • 1 min read
Over-55s to spend a third of their tax-free cash within six months

Pensions

Over-55s to spend a third of their tax-free cash within six months

Women are more likely to spend a larger proportion of lump sum

clock 27 July 2023 • 1 min read
Schroders UK Platform Awards 2023: First set of finalists revealed!

Platforms

Schroders UK Platform Awards 2023: First set of finalists revealed!

Platform of the Year and leading adviser finalist lists are unveiled

clock 27 July 2023 • 1 min read
DC pension holders now waiting an average of 29 days for transfers

Pensions

DC pension holders now waiting an average of 29 days for transfers

Ceding companies are currently taking a month to transfer pension funds

clock 27 July 2023 • 2 min read
Number of advisers joining St James's Place on the increase in H1

Your profession

Number of advisers joining St James's Place on the increase in H1

169 advisers graduated from SJP’s academy with 346 now enrolled

clock 27 July 2023 • 1 min read
Schroders' wealth arm records £75.2bn advised AUM in first half of 2023

Your profession

Schroders' wealth arm records £75.2bn advised AUM in first half of 2023

The firm reported 'positive progress' in its wealth management segment 

clock 27 July 2023 • 1 min read
Defaqto expands investment reach with MICAP acquisition

Investment

Defaqto expands investment reach with MICAP acquisition

The firm acquires MICAP to extend its reach into tax-advantaged products

clock 27 July 2023 • 1 min read
More women vulnerable and lacking confidence in financial services

Your profession

More women vulnerable and lacking confidence in financial services

FCA’s latest survey outlines disparities between sexes and ethnic groups

clock 26 July 2023 • 1 min read
More adults turning to IFAs with four million taking advice in 2022

Your profession

More adults turning to IFAs with four million taking advice in 2022

Three quarters of advised adults use an IFA from a financial advice firm

clock 26 July 2023 • 1 min read
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