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NMBA spikes paraplanner apprenticeship after Govt funding shortfall

The New Model Business Academy received just over half the Government funding for its apprenticeship programme it was hoping for, which has led to paraplanner and administrator apprenticeships being shelved. NMBA, which is part of the SimplyBiz Group, announced earlier today it is opening applications for its apprenticeship programme this week. In December, it received […]

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Two advisers plead guilty to £17m fraud

Two Norfolk-based financial advisers have plead guilty to using a high-risk investment scheme to defraud more than 200 investors out of pension savings worth £17m. The two brothers, Alan and Russell Taylor, ran both financial advice firm Taylor and Taylor Associates and were directors and shareholders of investment manager Vantage Investment Group. The pair were […]

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European fund managers report record inflows

Investors poured a record €566bn (£504bn) into active funds sold across Europe in 2017, despite mounting pressures from lower cost passive funds, new figures show. Data provider Broadridge says the stimulative bond buying program from the European Central Bank and strong growth in corporate sales helped fund sales increase 80 per cent compared to the […]

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MPs promise further British Steel charging probes

Work and pensions select committee chair Frank Field says it expects to publish further reports on adviser charging in light of the British Steel pensions saga. In its report on British Steel published on 15 February, the committee called for a ban on contingent charging and Field tells Money Marketing more work will be done […]

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