Recommended

FCA interior 620x430

FCA sets out revamped pension freedom rules

The FCA has published new rules reacting to the first year of the Government’s pension freedom reforms. The changes include a ban on sending product application forms with wake-up packs, extending advice requirements to UFPLS and introducing more flexibility around the so-called second line of defence. However, in a consultation response published today the regulator […]

Devey_Rob_Towry_2015

Towry’s 2015 profits hit by Ashcourt Rowan deal

Wealth manager Towry has seen its profits almost halved in 2015 by costs relating to its acquisition of Ashcourt Rowan, while the deal also boosted assets under management, revenues and Ebitda. The firm, which agreed a £120m deal for Ashcourt Rowan in February 2015, saw operating profits dip from £8.3m to £4.2m, in part due […]

Warning-Sign-Yield-Slow-Stop-Danger-700x450.jpg
5

Revealed: The Sipp firms under pressure as capital deadline looms

A worrying number of Sipp providers’ business models, including well-known firms, are unsustainable, new analysis has warned. Research consultancy Finalytiq’s first review of the sustainability of the bespoke Sipp market, seen exclusively by Money Marketing, reveals Carey Pensions, @SIPP and London & Colonial are set to struggle. All three Sipp operators were given the lowest […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment