Entrepreneur client segment hits M&A peak

Entrepreneurs are consolidating their businesses at the fastest rate for six years.

Hargreaves suffers from FTSE 100 slump as assets hit £86bn

A third of wealth managers expect market correction

While UK wealth managers are generally positive about the state of investment markets, a large portion are also battening down the hatches in anticipation of a market downturn a study by Legg Mason Global Asset Management has found.

Industry | news 27 Nov 17

Advisers working overtime to meet regulation requirements

Two out of five UK advisers are working longer hours in 2017 due to business growth, increased compliance and regulatory requirements, research from Prudential has found.

77-year-old adviser gets 10 years for scamming church goers

An elderly investment adviser from Houston, Texas has been sentenced to 10 years in federal prison after being found guilty of cheating more than $5m (£3.75m, €4.2m) from people he met at church.

Best Practice | news 27 Nov 17

Cisi threatens legal action against fraudulent advisers

Following a damning investigation by a consumer watchdog, the Chartered Institute for Securities and Investment (Cisi) has warned that UK advisers will face legal action if they fraudulently claim to hold a qualification from the organisation.

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