Companies
£325m class action launched against international life insurers
Investors involved are reportedly mainly retirees or near pension age
£60m fall in FSCS compensation costs for LDII class
Lifeboat scheme said this was due to reduction in redress over Sipp products
Allfunds rolls out private assets investment platform
Wealthtech company launched a dedicated team to help distributors access the asset class earlier this year
Networks are the ‘future’ of the financial advice industry
As Consumer Duty will place significant pressure on smaller firms
Man charged with fraud over £1.3m unauthorised investment scheme
He will appear at Southwark Crown Court on 15 August 2023 for a plea and trial preparation hearing