Companies
UK law firm sells off financial services arm
Client base would be better served by a business that specialises in providing advice
UK wealth manager buys financial planning firm
Deal adds £300m of assets under management to the group
FCA review of DB redress guidance is a ‘sensible measure’
Firms should ‘assess complaints about unsuitable advice fairly, consistently and promptly’
Nine UK firms in default between June and July 2021
Eight of which provided financial advice, planning and insurance services
Schroders and Robowealth form Thai partnership
They will offer digital wealth services in the country