United Kingdom
FCA fees increase by £17.2m
As regulator looks to reduce sums paid by smaller firms and appointed representatives
Ombudsman records drop in pensions and investments complaints
But it warns about the rise in social media scams
Advice consolidator receives £5.3m loan for IFA acquisition spree
Funds give the company the ‘financial firepower to accelerate’ its plans
Global wealth firm unveils adviser buy out programme
It targets those with mid-to-large size client books
UK financial planning firm buys The Fry Group
Deal increases its assets under management to more than £5.5bn