United Kingdom
Five ex-directors banned over unsuitable pension advice
They have also been fined over £1m in total
£263bn left to rot in bank accounts
If they shopped around, savers could secure a ‘fixed-term return of more than 2%’
PEOPLE MOVES: BennBridge, Maven Wealth, RBC WM
Investment boutique names CEO for Europe and UK, while wealth firm hires chief executive as it rebrands
20% of advisers ‘in the dark’ about FCA Consumer Duty
Some don’t even believe ‘it will add any value to consumer outcomes’