United Kingdom
Offshore Bonds | 20 May 15
Pension reforms give Old Mutual Wealth sales a lift
The UK pension reforms have caused the demand for financial advice to rise significantly, according to Old Mutual Wealth.
Tax & Regulation | 20 May 15
Hargreaves shares fall on FSCS levy spike
Despite announcing plans to dip its toes into the non-advised space, shares in Hargreaves Lansdown fell around 3% on Wednesday, largely in response to it highlighting the significant increase in its Financial Services Contribution Scheme levy payment.
Middle East | 20 May 15
Holborn adviser faces UK ban for UCIS mis-selling
A financial adviser currently employed by Holborn Assets in the UAE has been fined and banned in the UK after the Financial Conduct Authority found him guilty of knowingly recommending inappropriate, high risk products to retail clients.
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.