Pension withdrawals soared after first lockdown
Financial shocks such as redundancy and furlough were likely contributors to the trend
MitonOptimal UK snapped up by rival DFM firm
Deal is the multi-asset manager’s first strategic acquisition
FSCS and UK Serious Fraud Office join forces to fight scams
Government body will be given data on fraudulent investment schemes and the advisers promoting them
FCA sends advisers second DB transfer survey in five months
Speculation UK watchdog is looking to remove permissions from firms not active in the market
Asian firms join forces to unveil Thai wealth app
Platform will have at least 600 mutual funds from 15 asset management firms in Thailand