Recommended

1

Turning the corner: Can the industry build on rising adviser numbers?

Advisers are calling on policymakers to do more to increase adviser numbers following the first meaningful rise since the RDR. Last month the FCA announced the number of advisers at advice firms had increased by 5 per cent from 21,496 a year ago to 22,557. Experts say while the figures are promising, further steps to […]

Book-and-Gavel-Justice-Fine-Ban-700x450.jpg
1

High profile accountant convicted of £6m tax evasion

An accountant has been convicted for evading more than £6m in tax with clients having to pay a further £20m in tax and interest. The Financial Times reports Sussex-based accountancy firm Christopher Lunn & Co had more than 7,000 clients, including many from the media and entertainment sectors. Dennis Christopher Carter Lunn, known as Christopher, […]

FCA logo new 620x430.jpg
5

FCA bans advice boss over £2m Ucis losses

The FCA has banned the director of an advice firm after he transferred over £2m of clients’ funds into inappropriate investments. The regulator says Quintillion Asset Management director Simon Silva-Peake also caused or allowed a further £659,270 of client money to be misappropriated. Money Marketing first flagged investor concerns about Quintillion in March 2013. Silva-Peake […]

Warning-Sign-Yield-Slow-Stop-Danger-700x450.jpg
4

Govt under pressure to raise pension transfer advice threshold

The Government is being urged to raise the advice requirement threshold on safeguarded benefit pension transfers to £50,000. Currently consumers are required to take advice when transferring out of a policy with safeguarded benefits, including defined benefits and guaranteed annuity rates, if the value of the pot is £30,000 or more. But Hargreaves Lansdown and […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment