The FCA has pledged to take further action over cash savings accounts after admitting attempts to improve switching have not worked. The regulator first conducted a market study into cash savings in 2015, which concluded that savings held with banks for a significant amount of time were paying lower interest rates than fresh accounts, there […]
A trader charged with perverting the course of justice has pleaded guilty. Alex Hope, who was convicted of fraud in a £5m investment scam, was additionally charged with perverting the course of justice in December. At the Inner London Crown Court today, he pleaded guilty to the charge, which relates to his conduct following the […]
Advice firms are doing well at the moment. What we do has been recognised as important and we have been busy. We are profitable and standards are high. But just how sustainable is even the best business? Picture yourself presenting your firm on BBC’s “Dragons’ Den”. It all sounds good to start with: a client […]
Harwood Wealth Management Group has bought Southampton IFA AE Financial Services for £4.6m. An initial payment of £2.4m plus £1.54m of net cash balances was paid on completion of the deal and a deferred payment of £2.2m will be paid in two lots over the next 24 months, dependent on AE’s performance. The acquisition has […]
For a job as big as managing the auto-enrolment changes, it’s important to know what has been completed and what still lies in front of you to give you the reassurance that everything is in hand. Getting the planning and project management right at the outset can help you see the path ahead and ensure everyone knows their roles and responsibilities. To help with this, Johnson Fleming has produced a checklist outlining every step that needs to be taken when preparing for auto-enrolment.
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