Industry weary of ineffective consultations as FCA seeks to improve retail investment market
‘What would give me confidence is if there is a cultural change under the new CEO’
Regulation
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Should Brits scramble to use tax allowances as budget looms?
Rumours that Rishi Sunak is prepared to tinker with inheritance tax and capital gains tax as well as scrap pensions triple-lock
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Gina Miller blasts FCA for reviewing its own performance in ‘depths of the summer holidays’
Watchdog’s proposals for compensation scheme are ‘intellectually dishonest and morally questionable’
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How will a no-deal Brexit affect European clients of UK fund houses?
Over half of the UK investment industry’s foreign business takes place in Europe
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FNZ claps back after regulator halts merger
Wealth tech giant describes CMA’s measures as ‘unreasonable and disproportionate’
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Weekly outlook: Government lowers furlough scheme contribution; Zoom reports and Lindsell Train trust AGM
The key events for UK wealth managers for the week starting 31 August
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Is AUM the best way for advice firms to segment clients?
£500,000 is different for a young heir versus a retiree
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Football fans in their 50s at risk of financial scams
76% know the price of a strip or season ticket but only 43% know the value of their pension
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More than 800 advice firms face liquidity issues in coming months
FCA survey also reveals 755 companies received government-backed loans during pandemic
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FCA benchmarking plans for pension transfers fall short despite fast approaching deadline
Benchmarking rules described as one of the most contentious areas of changes to DB transfers
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Value assessments expose ‘scandalous’ inaction over investors in legacy share classes
More than £184bn of UK investor money was languishing in pre-RDR share classes last November
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AJ Bell highlights benchmark shortcomings in value for money assessment
AJ Bell Global Growth fund is the only product assessed to underperform its IA peers
