United Kingdom
Investment | 16 Mar 18
Housebuilders suffer after Berkeley production warning
UK housebuilders experienced a sell-off today after Berkeley Group Holdings warned it would not be able to boost production to meet the government’s demand for new homes.
The Lang Cat: 90% of platform assets at risk
Approximately 90% of the £519bn ($724bn, €587bn) assets held on adviser platforms are at risk of disruption from a major business change, according to The Lang Cat.
SimplyBiz to float next month
IFA adviser SimplyBiz is floating on the London Stock Exchange’s Alternative Investment Market (Aim) next month.
IFAs among 24 firms UK compensation scheme declares in default
Three advisory firms, along with 21 other financial businesses, were declared in default by the Financial Services Compensation Scheme (FSCS) in February.
Best Practice | 15 Mar 18
DB transfers will ‘come to a head’ when stock market falls
When markets fall, consumers who have transferred out of a defined benefit (DB) scheme and started accessing their pots could potentially face a crisis in their retirement, a director from advice firm Tuto Associates has argued.