Platform switches at three-year high

Advisers are switching their favoured platform at the highest rate in three years, according to research by Defaqto. In 2018, 25 per cent of advisers said they had changed their preferred platform in the last 12 months. This is up from 16 per cent answering positively to the same question in 2017 and 10 per […]

FSCS targeted in phishing scam

The Financial Services Compensation Scheme has issued another warning over a series of emails sent to members the public purporting to be official communication the lifeboat fund. The FSCS first flagged its concerns on 4 February over emails from Paulo Gatti and AAA Trade asking people to register to claim monies owed. The lifeboat fund […]

Which countries worry the most about retirement?

A new survey from financial services group ING has revealed which countries worry the most about saving for their financial futures. In the polling of 15,000 people covering Europe, the USA, and Australia, ING found that having enough money in retirement was a worry shared by the majority, even where their country had a strong social […]


Tony Wickenden: Are clients subject to loan charge tax in April?

HMRC is clamping down on remuneration schemes designed to avoid income tax and National Insurance You may have seen a bit in the financial news lately on the loan charge tax to be levied on payments received by employees through disguised remuneration schemes used to avoid income tax and National Insurance contributions. Those involved will […]

Lloyds rolls HNW advice offering into Schroders plans

Lloyds Bank has confirmed it will launch a new financial planning proposition for wealthy clients as part of its wealth and investment tie-up with Schroders. Money Marketing understands this is part of the bank’s focus on wider advice plans reported by the Financial Times last week. The bank will reportedly hire around 700 new advisers […]