FCA blasts robos over suitability failings
The Financial Conduct Authority (FCA) has blasted automated advice and online discretionary investment management (ODIM) services over suitability failings.
FTSE hits fresh all-time high as trade war put 'on hold'
US Treasury secretary Steven Mnuchin says trade war with China has been placed 'on hold', sparking FTSE 100 rally to fresh all-time high.
DB transfers double to £21bn as more advice firms enter market
Defined benefit (DB) pension transfers volumes doubled last year to over £20 billion as the number of IFA firms active in the market has continued to increase.
Legal eagle AFH in £530k swoop on law firm's advice arm
Consolidator AFH has bought the advice arm of a legal firm for £530,000.
Rathbones told to compensate retired-IFA for investment breach
Rathbones has been told to compensate husband and wife clients after breaking investment restrictions on one of their portfolios.
Monday Papers: Britain may partner Australia for Galileo rival
And America and China carve out deal for more US goods to be purchased de-escalating trade war threat.
Asia stocks buoyant on US-China trade developments
Japanese stocks inched higher, with gains for every market segment except financials.
Sunday Papers: M&S to shut more stores
And BT is considering £1.5 billion mast sale to fund broadband upgrades.
Saturday Papers: Blackstone sells out of Hilton Worldwide
And competition watchdog begins investigation of Sainsbury's £15 billion merger with rival Asda.
FSCS goes to great lengths to tell story behind DB advice claims
Today the FSCS published a lengthy ‘summary note’ detailing the history of British Steel pension transfers. Is it laying the groundwork for huge payouts?
'We're just a bunch of white dudes sitting here': fund manager CEOs on gender
In our brand new series, eight CEOs discuss how the industry could do a better job for female fund managers.
Higher FSCS bills are the price of pension freedoms says Kinnock
Advisers largely supported the pension freedoms and must now pay the price for defined benefit (DB) transfer mis-selling, according to Labour MP Stephen Kinnock.
Adviser profile: Graham Wingar of Future Asset Management
When David Wingar appeared as a New Model Adviser® cover star in 2008, his son Graham was in the middle of an engineering degree at Cardiff University. A lot has changed since then.