The House of Lords Financial Services Regulation Committee has released a report urging reform of the Financial Ombudsman Service (FOS). It calls for both the Financial…
The Financial Services Compensation Scheme (FSCS) has declared a financial advisory firm in Stoke-on-Trent as failed.Norrix Financial Services, formerly known as RNAMK, faced this declaration following…
Nikhil Rathi, CEO of the Financial Conduct Authority (FCA), is reportedly in the running for the prestigious cabinet secretary position, increasing interest in civil service leadership.Reports…
Advise Wise and Comentis have announced a partnership to provide enhanced support for advisers dealing with vulnerable clients.This collaboration introduces a vulnerability assessment tool integrated via…
Advise Wise joins forces with Comentis to better support advisers.Partnership focuses on aiding advisers with the vulnerable client segment.The integration employs Comentis’ vulnerability assessment tool.Features align…
Afin Bank announces the appointment of David Kenmir as an independent non-executive director, bolstering its leadership team. Kenmir brings over three decades of expertise in financial…
The Chancellor’s recent Mansion House speech delivered a significant message to the financial advice community, aiming for comprehensive sector reform.Regulatory changes were emphasized, particularly in the…
The Financial Ombudsman Service and Financial Conduct Authority seek feedback to enhance financial redress systems.This initiative aims to address financial issues before they lead to widespread…
Rachel Reeves sets forth plans to modernise the FOS framework and announce a new FCA consultation, driving financial services growth.The FOS will see a revision aimed…
Advisers are re-evaluating retirement portfolios due to new regulatory pressures.A shift towards centralised retirement propositions (CRP) is observed among advisers.A recent study highlights changes in retirement…
