09/18/2023
WealthTek is an FCA authorised and regulated wealth management firm which provided discretionary, advisory and execution only services to their retail clients and intermediaries.
09/18/2023
Financial markets are less certain than economists – with rate futures last Friday showing a 25 per cent chance of a pause – but both are coming to the view that the streak of rises in borrowing costs since December 2021 is in its last days.
09/18/2023
The Financial Conduct Authority ordered the Newcastle-based wealth manager to cease all regulated activities in April following the discovery of regulatory and operational issues.
09/15/2023
The FCA has required those firms which fell short to improve the quality of their advice.
09/15/2023
The alleged violation concerns regulations on ad hoc publicity and is related to the disclosure of price-relevant facts.
09/15/2023
This quarterly survey, conducted by Ipsos on our behalf, assesses public attitudes to inflation, opinions about the Bank and awareness of our work.
09/15/2023
Dodgy tech systems, concerns over suitability, scrutiny over client cash controls, and anxiety over Raymond James’s ‘flexible’ model may have fed into the FCA’s restrictions.
09/15/2023
FSCS has received seven claims so far against the companies
09/15/2023
The Financial Services Compensation Scheme issued notice yesterday
09/15/2023
What have we learned?
09/14/2023
The FSCS has so far paid out almost £3 million in compensation to Mansion Park customers for the unsuitable advice they received, including over £2 million for advice provided by Mr Dickinson.
09/14/2023
The review focused on the complex equity release market, catered to older homeowners who want to free up money tied up in their homes to help meet later life needs.
09/13/2023
Previously, any firm authorised by the FCA could approve promotions on behalf of firms unregulated by the FCA.
09/13/2023
This is more than a wasted opportunity — consumers are left short and their confidence is damaged, which harms the market
09/13/2023
0.5% decline in GDP in July
09/13/2023
Thousands of amendments to that retained EU law also entered into force at the same time, so that the UK statute book was still operational in an independent legal system divorced from the EU.
09/13/2023
The review will consider the use of components from ‘high risk’ suppliers, as classified by the European Commission in June 2023.
09/12/2023
The seed fund will focus on two strategies
09/12/2023
According to El Economista, the court reasoned that the banks would be able to recover the amount paid plus interest
09/12/2023
Companies House filings