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Archives for September 2022

Privately held student loans no longer qualify for Biden debt relief plan

September 30, 2022 by cbn Leave a Comment

Privately held student loans no longer qualify for Biden debt relief plan

Filed Under: Financial Planning

Weekend Reading For Financial Planners (Oct 1-2)

September 30, 2022 by cbn Leave a Comment

Weekend Reading For Financial Planners (Oct 1-2)

Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that a former Department of Labor official expects that it will take until next year for the agency to release new rules that would likely expand the number of financial professionals who must provide a fiduciary […]

Filed Under: Accounting Software

Weekend Reading For Financial Planners (Oct 1-2)

September 30, 2022 by cbn Leave a Comment

Weekend Reading For Financial Planners (Oct 1-2)

Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that a former Department of Labor official expects that it will take until next year for the agency to release new rules that would likely expand the number of financial professionals who must provide a fiduciary […]

Filed Under: Accounting Software

Harlequin boss jailed for 12 years for £226m fraud

September 30, 2022 by cbn Leave a Comment

Harlequin boss jailed for 12 years for £226m fraud

Harlequin chairman David Ames, the man behind a £226m SIPP-based fraud which hit 8,000 victims, was today jailed at Southwark Crown Court for 12 years. The Serious Fraud Office carried out a multi-national investigation into the con which saw Mr Ames branded a “menace” by the judge. Many of the victims, some of them elderly, lost […]

Filed Under: Financial Planning

Harlequin boss jailed for 12 years for £226m fraud

September 30, 2022 by cbn Leave a Comment

Harlequin boss jailed for 12 years for £226m fraud

Harlequin chairman David Ames, the man behind a £226m SIPP-based fraud which hit 8,000 victims, was today jailed at Southwark Crown Court for 12 years. The Serious Fraud Office carried out a multi-national investigation into the con which saw Mr Ames branded a “menace” by the judge. Many of the victims, some of them elderly, lost […]

Filed Under: Financial Planning

5 advisors win ‘Invest in Others’ awards for contributions to charitable groups

September 30, 2022 by cbn Leave a Comment

5 advisors win ‘Invest in Others’ awards for contributions to charitable groups

Filed Under: Financial Planning

Brooks Macdonald buys Manchester Planner

September 30, 2022 by cbn Leave a Comment

Brooks Macdonald buys Manchester Planner

Wealth manager Brooks Macdonald has added £350m in assets and 650 clients with the acquisition of Manchester specialist adviser firm Adroit Financial Planning. Brooks is buying the company from law firm Slater and Gordon, subject to regulatory approval. Adroit is an IFA specialising in the personal injury and clinical negligence sector. All of Adroit’s staff will move […]

Filed Under: Financial Planning

Brooks Macdonald buys Manchester Planner

September 30, 2022 by cbn Leave a Comment

Brooks Macdonald buys Manchester Planner

Wealth manager Brooks Macdonald has added £350m in assets and 650 clients with the acquisition of Manchester specialist adviser firm Adroit Financial Planning. Brooks is buying the company from law firm Slater and Gordon, subject to regulatory approval. Adroit is an IFA specialising in the personal injury and clinical negligence sector. All of Adroit’s staff will move […]

Filed Under: Financial Planning

@SIPP boosts non-managerial staff pay by £350 a month 

September 30, 2022 by cbn Leave a Comment

@SIPP boosts non-managerial staff pay by £350 a month 

Glasgow-based pensions firm @SIPP is boosting the pay of its non-managerial staff by £350 per month to help them cope with the cost of living crisis.  The provider has already been giving employees an extra £150 per month since the beginning of July to help them deal with soaring bills.  The firm joins a growing […]

Filed Under: Financial Planning

MPs urge auto-enrolment revamp to boost pensions

September 30, 2022 by cbn Leave a Comment

MPs urge auto-enrolment revamp to boost pensions

MPs want auto-enrolment pensions to be revamped to prevent them providing second rate incomes in retirement. The current auto-enrolment system is failing to lead to adequate living standards in retirement and too many people are missing out on auto-enrolment, say MPs. MPs on the influential Work and Pensions Select Committee (WPC) have made their views clear in the […]

Filed Under: Financial Planning

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