United Kingdom
United Kingdom | 20 May 15
Openwork scraps APFA membership
Advisory networking giant, Openwork, has decided to ditch its membership with the Association of Professional Financial Advisers (APFA).
Tax & Regulation | 19 May 15
APFA calls for FCA budget freeze to stem fee rises
The Association of Professional Financial Advisers (APFA) has called for a freeze in the Financial Conduct Authority’s (FCA) budget for the next two years to give its members a break from having to meet its steadily rising fees.
United Kingdom | 19 May 15
Britons set to lose £550m in IHT due to poor planning
Over £500m could be lost in inheritance tax this year due to inefficient planning, a report by unbiased.co.uk has revealed.
United Kingdom | 19 May 15
Harwood Capital buys Wellian as DFM arm
Harwood Capital Management has bought Wellian Investment Solutions, for an undisclosed sum, in an effort to add discretionary management to its suite of offerings.
Investment | 19 May 15
UK Ombudsman reports rise in SIPP complaints
The UK’s Financial Ombudsman Service (FOS) has reported only a slight rise in complaints about investment-linked products in the latest financial year, but said there had been a significant increase in problems reported by people with self-invested personal pensions (SIPPs).