United Kingdom
Just 8% of insurers comply with incoming Consumer Duty
But regulation could be ‘golden ticket’ to start doing things differently
British Steel pension advice firm fails
12 claims have already been filed with the FSCS
PEOPLE MOVES: Blacktower, Deutsche Bank, Continental
Advice firm bolsters Cayman arm with senior hires, while banking giant names group head of wealth in Asia
Schroders subsidiary buys UK advice business
It has also picked up a 49% stake in a chartered financial planning firm
IHT receipts 14% higher than in 2021
Taxman has collected £4.1bn in the current tax year so far