Advisors Fear Fee Rises with New Rules
others believe the rules will lead to greater trust and transparency, and help to level the playing field in the industry.
Ex-Hargreaves Lansdown Exec Named AJ Bell Chair
appointment as AJ Bell's new non-executive chair will help the company to capitalise on the growth potential in the investment platform market. With her extensive experience in the financial services industry, strong leadership skills, and commitment to innovation, she is the perfect candidate to help the company continue to grow and innovate in the years ahead.
Wellesley Grove Journal’s quirky cover and Twitter presence
When it comes to protection cover, there are some jobs that are definitely more unusual ...
Iress Restructure to Cut Staff by 10%
Iress has announced plans to reduce its global workforce by 10% as part of a business restructuring to increase efficiency and focus. This will involve targeted roles in an overhaul of the company's operating structure and senior leadership teams. The changes are part of a strategy to position Iress for long-term growth and success, and to better serve clients and customers. The company is investing in its operations, systems, and technology to remain agile, responsive, and competitive in a dynamic market environment. Iress is committed to supporting its staff, providing assistance and resources to help those affected by redundancy to find new roles or other career opportunities.
CII Launches 5-Year Plan to Attract Members
infrastructure. The CII has launched a five-year strategic plan focused on boosting membership, delivering world-class qualifications, and addressing historical IT issues. The plan emphasizes the value of membership, with initiatives to enhance engagement and support, as well as modernizing the CII's IT infrastructure. The CII is committed to helping its members stay at the forefront of a rapidly changing industry.
10 Reasons why Consumer Duty isn’t TCF Rebrand
represents a significant shift in the way that firms are expected to treat their customers, with a greater emphasis on proactive engagement and outcomes-based regulation. The new regulation requires firms to take an active role in ensuring that customers are treated fairly, and is more focused on delivering positive results than the previous TCF scheme.
Start-up and VCT Tax Relief Schemes Extension
Investors and entrepreneurs are calling for greater certainty and more generous tax relief on Enterprise ...
Nucleus Appoints Justin Tovey as CRO
Nucleus Financial Platforms has appointed Justin Tovey as its new Chief Risk Officer, bringing with him a wealth of experience and expertise from his previous roles at River and Mercantile Group, Old Mutual Wealth, PWC, and Scottish Widows. Tovey will oversee Nucleus's risk management framework and ensure the highest standards of regulatory compliance and customer protection. His appointment comes at a time when the financial services industry is facing heightened regulatory scrutiny and a rapidly evolving risk landscape. Tovey's appointment will help strengthen Nucleus's risk management capabilities, allowing it to continue to provide excellent service to its clients and customers.
FCA Orders Link to Pay Redress to Woodford Investors
FCA has instructed Link Fund Solutions to pay out up to £235m in redress to investors who suffered losses as a result of its failings in liquidity management of the Woodford Equity Income Fund. The regulator is committed to ensuring that fund managers prioritize the interests of investors, and is taking a hard stance against any failures in liquidity management. The payment will be made by selling assets from the fund, which could take several months to complete.
How the Lifetime Allowance Boosts Pension Confidence
them with the freedom to save and invest in their pensions without worrying about reaching the limit, and encourages long-term planning for a secure financial future.