Companies
Aviva sorry for platform troubles as adviser pulls clients
Aviva has apologised for its platform, which has been a source of ongoing frustration for advisers since it was updated three months ago.
Duo at helm during Saunderson House sale U-turn resign
In the wake of its surprise decision not to sell advice firm Saunderson House, two senior departures have prompted parent company IFG Group to reshuffle its senior management team.
Phoenix top as FCA complaints hit 3.8 million
Consolidator The Phoenix Group featured heavily in data from the UK Financial Conduct Authority that shows complaints about all financial services firms rose by 13% in the second half of 2017, driven by payment protection insurance (PPI) claims.
AMP misleading Aussie regulator could bring ‘jail time’
Australian treasurer Scott Morrison says revelations financial services giant AMP intentionally and repeatedly misled the regulator over advice fees charged to its own customers could result in “jail time”, a sentiment echoed by the regulator.
Advice firm ‘evolves’ from restricted to independent model
UK-based Sandringham is switching from a restricted model to an independent one and is on the hunt for the right type of IFAs as it looks to nearly double its adviser numbers before the end of the year, chief executive Tim Sargisson told International Adviser.