FCA fines ex-investment banker for sharing client info on WhatsApp
The Financial Conduct Authority has fined a former investment banker £37,198 for sharing confidential client information over WhatsApp.
FCA is approaching PI problems from the 'wrong direction', says Apfa
The Association of Professional Financial Advisers (Apfa) has called on the regulator to address the root cause of shortcomings in the PI market, rather than imposing mandatory terms on providers.
Consolidator looks to raise £10m to fund advice acquisitions
AIM-listed Harwood Wealth Management is to raise £10 million in new equity capital as it concentrates on extending a run of consolidation
Brown Shipley chief Sackfield to step down
Ian Sackfield will step down as chief executive, but remain with the business as client director.
LSE's £200m buyback can't lift flagging FTSE
FTSE 100 edges lower as rally in London Stock Exchange shares on £200 million buyback fades.
Nutmeg: we are better in a crisis than traditional DFMs
Online propositions better for clients in a financial crisis than a traditional discretionary fund manager (DFM) according to Nutmeg.
Brooks Macdonald subsidiary to shut property fund
An expected large redemption is leading to the termination of Brooks Macdonald’s £26.6 million liquid property fund.
Cameron: EU referendum was ‘right thing to do’
Former prime minister defends decision to hold the referendum.
Royal London hit by £44m extra costs on Ascentric upgrade
Despite this loss the insurer's operating profit was up 16% from 2015.
Thursday Papers: Brexit begins as May triggers Article 50
And LSE-Deutsche Börse collapse comes at dark time for City and EU forcing both exchanges to re-evaluate goals.
Bond manager Binns focuses on capital preservation
Paola Binns says her Royal London Sterling Credit fund has performed well over the medium term and explains the philosophy of investing heavily in asset-backed securities and banks.
How contrarian view helps JPM manager hit new heights on UK equities
James Illsley has helped achieve impressive recent outperformance for the JP Morgan UK Equity Core fund, putting his faith in out-of-favour sectors such as mining and housebuilding
Adviser Profile: Ben Cordiner of The Financial Advice Company
Ben Cordiner took The Financial Advice Company from the rubble of an insolvent parent, and shaped a fresh firm looking to enhance its client bank with a younger demographic.