Towergate Financial has bought Leeds adviser firm Paramount Group as part of plans to have 340 RIs within two years compared with 44 in July. Paramount has 30 RIs and advises in the corporate, trust, medical, family and matrimonial sectors.
Last week, I received an email from an IFA accusing me of being a w****r, “along with your mates at the Consumers’ Association, who promoted endowments in the 1980s and then said the opposite a few years later”. Regarding the gibe at the Consumers’ Association, now called Which?, I am familiar with the allegation that […]
By increasing transparency and publishing firm-specific information the FSA risks “publishing for publishing’s sake” rather than achieving any real value for consumers, according to the Investment Management Association.
By Fiona Tait, Pensions Specialist Ros Altmann reportedly hoped for more product innovation following pension freedom¹ and, according to one poll, 66 per cent of advisers also believe that providers should be doing more². This article considers whether there is a real client need for new products, or whether we should be focusing our attention on efficient delivery […]
Over 1,250 financial advisers turned up to the FCA’s series of regional events, Live and Local, last year, the regulator has revealed. In its annual report this morning, the regulator says that it is continuing to engage with advisers through events including Live and Local, which include supervisory workshops, firm surgeries, roundtables and chairman’s lunches […]
FCA chief executive Andrew Bailey received a £75,000 bonus for 2017/18,the regulator’s account. Part of the bonus has been deferred and will be paid in 2019. The portion of the bonus already received has been donated to the FCA’s staff charities, Richard House and the Alzheimer’s Society. The bonus is a £10,000 increase on Bailey’s […]