United Kingdom
Advice consolidator makes first acquisition of 2023
Deal adds more than £450m in funds under management
Fintech firm creates IFA client document platform
It will help advisers organise customers’ important financial and legal information
IFA firm and investment manager hit with regulatory restrictions
Director may have taken more than £2m from clients
FCA fines nearly triple in a year
While US regulator raked in record $6.4bn in penalties
PEOPLE MOVES: Marlborough, Legal & General, Quilter
Investment firm names CIO, while CEO retires from financial services group