United Kingdom
Schroders advice subsidiary buys UK financial planning firm
Deal adds £755m in AuA
£60m fall in FSCS compensation costs for LDII class
Lifeboat scheme said this was due to reduction in redress over Sipp products
Networks are the ‘future’ of the financial advice industry
As Consumer Duty will place significant pressure on smaller firms
Man charged with fraud over £1.3m unauthorised investment scheme
He will appear at Southwark Crown Court on 15 August 2023 for a plea and trial preparation hearing
UK watchdog launches inquiry into Nucleus/Curtis Banks deal
It wants comments on the transaction from any interested party by 2 August