News
People Moves | news 9 Dec 15
OMW expands team supporting financial advisers
Old Mutual Wealth has moved to strengthen its support for financial advisers in the UK with the appointment of Martin Clubbs as pensions specialist.
Tax & Regulation | news 9 Dec 15
APFA calls for product levy to reform FSCS funding
Levies set by the UK’s Financial Services Compensation Scheme (FSCS) hit an all-time high in 2015, with many firms concerned that they have reached unsustainable levels, according to APFA.
Investment | news 9 Dec 15
One in three wealth managers not up to scratch on suitability – FCA
One third of UK wealth managers’ suitability reports currently fall short of the Financial Conduct Authority’s expected standards, the regulatory body said on Wednesday.
Global network BDO sees revenues leap in China
Global accountancy and advisory services network BDO saw its revenue in China grow by 28% in the year to 30 September, powered by its presence there with a firm of over 8,500 people.
Tax & Regulation | news 9 Dec 15
FCA unveils new capital rules for financial advisers
The UK Financial Conduct Authority (FCA) has unveiled a sharp rise in the minimum capital requirements for investment advisers, which will come into force on 30 June 2016.