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Latest News

Tuesday Papers: World economic growth ‘best in eight years’

And City accuses government of leaving it in the dark over negotiating position on trade as UK shelves financial services Brexit position paper.

Overnight Markets: US stocks jump to record highs on deal to end shutdown

Telecoms and energy sectors surged more than 2%, which was offset by a 0.3% decline in materials and a more modest 0.1% decline in industrials.

'A terrific day': joy for shareholders as Transact sets up float

Shareholders in the Transact platform have welcomed plans announced this morning for the business to float in the first half of 2018.

Punter Southall Aspire acquires Oxford IFA

Pensions and workplace savings consultancy Punter Southall Aspire is set to acquire Oxford-based IFA Focus Oxford.

FSCS's Sipp due diligence decision could open claim floodgates

Sipp providers could face a wave of fresh claims, after the Financial Services Compensation Scheme ruled firms' due diligence on investments had been inadequate.

Transact: we're keeping a promise to shareholders with float

Transact chief executive Ian Taylor has said he is keeping a promise to shareholders as the platform company prepares for an initial public offering in March.

Advisers must wait as Aviva extends platform closure

The Aviva platform is not re-opened as planned today as the upgrade takes longer than expected.

Bookmakers slump on government crackdown fears

The Sunday Times reports government set to slash maximum stake on controversial fixed odds betting terminals to just £2.

British Steel IFA Active Wealth was reincarnation of failed firm

An investigation by New Model Adviser® has revealed that the first firm to cease pension transfers for British Steel Pension Scheme members is a reincarnation of a previous firm which was closed down after pension transfer complaints from clients.

Transact owner fires starter gun for platform float

The long awaited float of adviser platform Transact has arrived, after its owner Integrafin announced this morning it will list at least 25% of equity in the business on the main market of the London Stock Exchange

Video pick
10 Comments Play Watch: Ed Balls' DB transfer warning to chancellor

Watch: Ed Balls' DB transfer warning to chancellor

The former shadow chancellor has issued a warning to the current chancellor about potential DB transfer ‘mis-selling’ in pension freedoms.

Play We quiz Standard Life chief on 1825 and Elevate

We quiz Standard Life chief on 1825 and Elevate

In this final instalment of our exclusive interview, Standard Life chief executive Barry O'Dwyer answers Citywire's questions about the company's restricted advice arm 1825, and brands the Elevate platform deal a 'fantastic success'.

NMA Profile
1 Comment Adviser Profile: Stefan Fura of Furnley House

Adviser Profile: Stefan Fura of Furnley House

Stefan Fura has guided Furnley House into a strong position, doubling income in the past two years. Now the keen football coach wants to mentor the next generation by promoting advice and pitching the value of financial education