Industry
FCA eyes faster removal of unused permissions
But watchdog cautioned against being ‘too heavy handed’
Investment adviser sentenced to nearly 6 years in prison
FCA will ‘pursue confiscation proceedings against him in order to try and seize his illegal gains’
Sanlam to sell UK life insurance and wealth management arms
But it will ‘maintain an asset management business’ in Britain
UK wealth platform confirms sale to private equity firm
Following reports that a deal was signed on 7 September 2021
Aussie advisory group buys stake in financial planning firm
Deal ‘includes a cash component and capital funding for growth and future acquisitions’