Companies
IFA banned after bad advice costs pension savers £24m
Clients invested in ‘high-risk’, ‘relatively illiquid’ and ‘unregulated’ schemes
Quilter to make hundreds redundant as it cuts costs
Advice giant has already laid off around 200 employees
US in the news: Wells Fargo names head of private bank
A round-up of people moves and M&A deals across North America
Ex-cricketer joins industry duo to set up DFM firm
Company will specialise in financial planning, advice and discretionary investment management
UK wealth manager eyes $2bn US Spac
It had already tried to sell the business in 2018