Industry
UK regulator says tech tools aren’t a ‘silver bullet’
‘Miscalibration’ and a lack of due diligence ‘can lead to very poor outcomes’
At least 21 pension transfer firms operated without PI cover
FCA director of life insurance and financial advice warns the regulator is taking ‘very strict lines’
Merger of Jersey and Guernsey firms called off
They could not agree terms and said that the timing was ‘not suitable’
Adviser policy churning sees AMP hit with nearly A$5.2m fine
One financial planner’s conduct was described as ‘morally indefensible’ by the court
Hargreaves takes in over £300m from first Woodford payment
One multi-manager fund had more than 10% in the suspended fund