United Kingdom
IFAs to fork out less for UK compensation scheme
The adviser levy came in at £211m but £58m is funded by providers
Costs and admin issues stop advisers doing platform transfers
Over half of IFAs would not recommend it to a client as they seek more guidance from regulator
Appeal cuts record damages award for Isle of Man whistleblower
But he will still walk away with almost £600,000
Sanlam UK buys Thesis as M&A spree continues
‘Retention of staff will be critical to its success’
UK boiler room fraudster jailed for 7 years
Millions taken from elderly and vulnerable victims who were promised 8-10% returns