United Kingdom
£226m Harlequin fraudster handed 12-year prison sentence
After he was found guilty of running the scheme in August 2022
Brooks Macdonald acquires financial planning firm
Deal adds £350m in assets under advice and around 650 clients
Some advice firms still clueless about Consumer Duty
Yet they have less than a year to comply with the FCA’s rules
Utmost eyes further acquisitions following Quilter International deal
Firm told IA that there is a shift in Asia with some clients preferring to hold assets in Singapore
Regulator slammed over British Steel redress calculation issues
FCA faces a potential judicial review if problems are not resolved