PFS
FCA makes mass-marketing ban for mini-bonds permanent
UK financial watchdog introduced a temporary measure at the beginning of 2020
PI cover rise for 95% of PFS members with DB permissions
Over a third of financial advisers saw their premiums soar by more than 50%
Nearly 40% of PFS members hit by reduction in new clients
Covid has forced firms to use ‘digital channels’ and ‘existing client base’ to develop relationships
Best Practice | 7 Oct 20
How much has covid forced financial plans to change?
27% of advisers said clients have reduced how much they save and spend each month
PEOPLE MOVES: Brooks Macdonald, Shard Capital, Raffles FO
Investment manager names CIO, while wealth firm makes c-suite change