Latest News - Elliot Smith
Towergate wins claim against advisers over Ucis & DB transfers
The Court of Appeal has ruled in favour of national advice firm Towergate Financial in a lawsuit against a firm it bought.By Elliot Smith - 14 December 2018, 09:10
SJP buys Surrey-based protection advice specialist
St James's Place (SJP) has acquired Reigate-based specialist protection advice firm Future Proof.
'It's not just about the numbers': FCA defends new DB transfer rules
The Financial Conduct Authority (FCA) has defended the controversial transfer value comparator (TVC) process for defined benefit (DB) transfers in its Live & Local seminars, New Model Adviser® can reveal.
TPR prosecutes accountant over bank account pension payments
The Pensions Regulator (TPR) has launched its first prosecution against an accountant charged with fraud and making employer-related investments.
Cashflow for Christmas: CashCalc launches £1 TVC and Apta offer
Cashflow technology provider CashCalc has launched a Christmas offer of £1 a month on its integrated transfer value comparison (TVC) and appropriate pension transfer analysis (Apta) tool.
Curtis Banks buys £180m Hargreave Hale Sipp book
Sipp provider Curtis Banks has acquired the Sipp book of wealth manager Hargreave Hale.
Blog: DB transfer review will clarify FCA's contingent charging view
Phase three of the FCA’s review of defined benefit (DB) pension transfers is now in the books, and the report makes damning reading for the firms whose files were reviewed by the regulator, while serving as a warning to all firms with transfer permissions.
Ascot Lloyd buys £1.3bn Midlands IFA Newell Palmer
National IFA Ascot Lloyd has acquired West Midlands stalwart Newell Palmer.
FSCS to pay out over mini-bond firm with 2,000 customers
The Financial Services Compensation Scheme (FSCS) is gearing up to compensate 2,000 customers of London-based mini-bond firm Independent Portfolio Managers (IPM) after it was declared in default on Monday.
FCA: Less than 30% of DB transfer disclosure compliant
The Financial Conduct Authority (FCA) has revealed endemic failings in the disclosure and communication of firms advising on pension transfers.