United Kingdom
Aegon UK adds Brewin Dolphin’s DFM service to platform
Aegon UK, part of Dutch international insurance group Aegon, has added wealth managers Brewin Dolphin as a discretionary fund manager (DFM) on its Retirement Choices platform.
Retirement | 18 Oct 15
UK lawmakers call for action on financial advice gap
The UK pension freedoms introduced in April this year are not yet operating as well as they should, and the provision of affordable advice was “woefully inadequate”, a new report from a parliamentary oversight committee found.
United Kingdom | 16 Oct 15
FCA bans former UBS rogue trader Adoboli
The Financial Conduct Authority has banned Kweku Mawuli Adoboli, the former UBS trader who unauthorised trading caused the Swiss bank to lose $2.25bn, from performing any function in relation to any regulated financial activity.
United Kingdom | 14 Oct 15
Consumer cost expectations for advice are ‘unrealistic’
UK consumers have unrealistic expectations about the price they can expect to pay for financial advice, according to new research.
United Kingdom | 13 Oct 15
UK complaints long-stop proposal praised by advisers
The Financial Conduct Authority’s proposal to introduce a long-stop for claims against financial advice has been met with optimism by advisers.