A new report from financial consultancy the lang cat uncovers a persistent Advice Gap in the UK, with only 9% of people currently receiving professional financial…
Vida Homeloans has obtained a banking licence, becoming Vida Bank, authorised by the PRA and FCA.This licence allows Vida to start accepting retail deposits, enhancing its…
Vida Homeloans has become Vida Bank following banking licence approval.The UK authorities, PRA and FCA, granted Vida the necessary authorisations.Vida’s new banking status allows for retail…
Vida Homeloans has officially transitioned into Vida Bank after securing a banking licence.The authorisation from the PRA and FCA enables Vida Bank to offer retail deposits.This…
The integrity of the Financial Conduct Authority (FCA) is under scrutiny in an upcoming report by an All-Party Parliamentary Group.The report criticises the FCA for incompetence,…
Advise Wise has joined forces with Comentis to enhance vulnerability support for advisers in later life sectors.The collaboration provides a new tool, integrated via API, allowing…
Advise Wise and Comentis have established a partnership to better support advisers managing vulnerable clients.Through the partnership, Advise Wise members can utilise Comentis’ vulnerability assessment tool…
The FCA has announced its upcoming plans for addressing the advice gap in pensions and investments, emphasising the importance of accessible and affordable support.In December 2023,…
The Financial Conduct Authority (FCA) is set to commence consultations in December, focusing on providing targeted support for pension savers.This move is part of the FCA’s…
The FCA has taken action against two former senior managers from MedDen Financial Services for reckless conduct.Craig Buchan and Martin Cooke were fined over £6,000 each…
