Latest News - Charles Walmsley
SJP, robo-advice & Harry Kane: the winners and losers from 2018
It has been a colossal year for finance news. Our traditional round up of the year that was begins here, with the winners and losers from 2018.
Transact has 'most successful year so far' as profits pass £40m
Wrap platform Transact had its 'most successful year so far' in 2018 as it profits passed £40 million in its first year as a listed company.
Brewin Dolphin buys Basingstoke IFA
Discretionary fund manager Brewin Dolphin has bought Basingstoke-based advice firm Aylwin Limited as part of plans to expand its operation in the South East.
Royal London hires Standard Life Aberdeen director as chairman
Royal London has appointed Standard Life Aberdeen non-executive director Kevin Parry as its new chairman.
Just shares rise as regulator opts for lower capital requirements
Just Group's share price rose 23% this morning after the Prudential Regulation Authority opted to introduce for 'less onerous' capital requirements for equity release providers than initially thought.
PM promises action on poor financial advice after British Steel question
Prime minister Theresa May has promised to ensure the Treasury will work with the Financial Conduct Authority (FCA) on stamping out poor advice such as that experienced by some people who transferred out of the British Steel Pension Scheme.
FSCS forecasts £69m extra levy as Sipp and transfer claims rise
The Financial Services Compensation Scheme (FSCS) has forecast it will need to charge firms a £69 million supplementary levy as Sipp and pension transfer claims continued to rise this year.
Brewin Dolphin financial planning income passes £24m
Brewin Dolphin's financial planning income rose 18% in the last financial year as the discretionary fund manager increased investment in its growing advice arm.
Footballers lost £1bn through poor investment and tax advice
More than 500 former football players have lost as much as £1 billion through poor investment and tax advice, the Guardian reports.
Platform popularity revealed: 23 wraps ranked by advisers
New Model Adviser® asked over 200 advisers which were the main platforms they used. Here are the results.