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Latest News

FCA signs fintech arrangement with US CFTC

The Financial Conduct Authority (FCA) has signed collaborative arrangement to support fintech innovation with the US Commodity Futures Trading Commission (CFTC).

Platforms keep faith in FNZ despite Aviva's problems

Platforms have restated their faith in technology provider FNZ, despite a series of problems surrounding Aviva's move to technology provided by the company.

NMBA to open applications for apprenticeship programme

SimplyBiz-affiliated New Model Business Academy (NMBA) will soon be taking applications for the first year of its apprenticeship programme which will require firms to put in 10% of training fees, or around £900.

Union deals guide Lighthouse to 'record' £2.5m profit

A string of deals with some of the biggest unions in the UK propelled advice group Lighthouse to a 'record' pre-tax profit of £2.5 million last year.

Tuesday Papers: KFC runs out of chicken in logistics fiasco

And activist investors pile pressure on BHP to drop London listing.

Asian stocks dip after Europe’s decline

Japan's Nikkei 225 slid 1.1% in early trade as financials, manufacturing and energy-related names traded in negative territory.

Could a care pension work? 15 ideas from Royal London paper

Royal London has published a paper on the possibility of a 'care pension' that could be used to fund long-term care for citizens in later life. The mutual insurer claims the idea already has 'interest' from civil servants.

FTSE takes breather after downbeat Benckiser

UK stock market rally pauses after after consumer goods giant Reckitt Benckiser issues cautious outlook in its annual results.

Sanlam buys £60m Yorkshire advice firm

Sanlam UK has acquired East Yorkshire based Grennan Advisers, adding £60 million of assets under management.

1825 deploys ‘retention pots’ in bid to keep advisers

Acquisitive national advice firms such as Standard Life’s 1825 and Ascot Lloyd are extending financial incentives beyond owners to rank-and-file advisers. Some IFAs have welcomed the initiative for advisers 'suddenly subject to instability'.

Video pick
1 Comment Play MiFID II tapes: 'We get the regulation we deserve' on risk

MiFID II tapes: 'We get the regulation we deserve' on risk

'We get the regulation we deserve, because we don't set a high enough professional standard ourselves,' according to FinaMetrica director Paul Resnik.

7 Comments Play Mifid II tapes: Advisers need asset management crash course

Mifid II tapes: Advisers need asset management crash course

In the first part of our KIDs roundtable, Graham Bentley, Paul Resnik and Bella Caridade-Ferreira meet in the Citywire studio to discuss how advisers can explain the new MiFID II cost disclosure rules to clients.

NMA Profile
8 Comments Adviser profile: Carl Roberts of RTS Financial Planning

Adviser profile: Carl Roberts of RTS Financial Planning

Carl Roberts says adopting a fixed-fee model and finding the right mixture of clients will be the catalyst for success at RTS Financial Planning.