News by: Alex Steger
The Financial Conduct Authority has fined Lloyds banking Group £28 million for ‘serious failings in their controls over sales incentive schemes’.
Bromsgrove-based AFH Financial has made its sixth acquisition of the year, snapping up Bishopton-based Michael Mac Wealth Management in a deal worth up to £250,431.
The Royal Bank of Scotland finance director Nathan Bostock is to leave the lender 10 weeks after he joined the board to join Santander, according to reports.
New or tighter rules may not be the best way to stop financial misdemeanours, according to Financial Conduct Authority chief executive Martin Wheatley.
John Chapman, Martin Crawley-Boevey and Danny Cox explain how their firms use execution-only services as a stepping stone for the provision of advice while keeping the services distinct.
Ellis Bates is on the recruitment trail for an experienced paraplanner to join its team of ‘home grown’ recruits to support the firm’s expansion.
HSBC is considering floating its UK arm in a move which would value the operation at around £20 billion and ease regulatory pressure, according to reports.
National advice firm Jelf Group has seen financial planning productivity increase since the retail distribution review (RDR) came into force, according to its latest set of results.
Jupiter Fund Management chief executive Edward Bonham Carter is to step down from the role in March 2014.
People in their twenties today face working until they are 70 under government plans to bring forward a rise in the state pension age.
Chancellor George Osborne is set to launch a consultation into whether returns made from peer-to-peer lending could be held in ISAs, according to reports.