Tax & Regulation
Advice firm sees 140% increase in regulatory fees
Industry needs to brace itself because ‘the prospect of any change soon is extremely unlikely’
Wealth firm sets aside £2.1m to pay for rogue adviser fraud
Several victims already approached the company with claims after losing £4.5m
National security law not an issue for Hong Kong market
Rules and accepted practices for financial services ‘remain unchanged’, says regulator CEO
Advisers forked out £110m on PI insurance in 2019
Average premium across the industry was £24,079
CORRECTION: DB pension transfer provider loses licence
Pipeline business is affected by the measure