As we’ve reported this week, some Unite union members at the FCA have staged a two day walkout, believe to be the first strike action in the regulator’s history. There have been a number of derisory comments on social media about this and attempts to brush off the action. This would be a mistake. The […]
Archives for 2022
FCA CEO defends staff pay packages
FCA CEO Nikhil Rathi has defended the pay packages of staff – some of whom went on strike this week – as “possibly the best package” among UK regulators. In a speech last night, Mr Rathi said the FCA had made great efforts to pay competitively and had paid “particular attention” to the lowest paid […]
FCA CEO defends staff pay packages
FCA CEO Nikhil Rathi has defended the pay packages of staff – some of whom went on strike this week – as “possibly the best package” among UK regulators. In a speech last night, Mr Rathi said the FCA had made great efforts to pay competitively and had paid “particular attention” to the lowest paid […]
Signs of investors shifting assets amid turmoil
There are signs that investors are shifting money to safer havens in the face of economic and political turmoil, according to a fund research company. Finscape, which reviews fund flows, says its latest data suggests substantial switching and transferring of investments to ‘safe havens’ although less money was invested overall. The first quarter was a […]
4th credit union collapses this year owing £1.3m
The fourth credit union to collapse this year has been declared in default by the Financial Services Compensation Scheme this week. The North East Warrington Credit Union (NEWCU) Limited was declared in default by the FSCS to protect its 1,182 members. The credit union ceased trading recently with the compensation bill expected to be around […]
What Focus Financial’s earnings say about RIA growth
What Is a Nominal Account? [Definition + Examples]
Accounting deals with many different types of accounts. One account you may stumble across in your accounting journey for your business is a nominal account. But, what are nominal accounts? We’re here to help you understand just that. This article goes over: Nominal account definition Types of nominal accounts Nominal account examples Nominal account definition […]
Tregidon takes CEO role as Maven rebrands
Maven Wealth has appointed experienced Financial Planner Gareth Tregidon as CEO and rebranded to Nugenis Financial Planning. Maven is the Welsh regional office of Financial Planning group Independent Wealth Planners. Maven is rebranding follow a legal challenge over the name. Mr Tregidon was previously interim CEO and head of Financial Planning at the firm. He […]
Bank of England increases base rate to 1%
The Bank of England has today increased its base rate by 25 basis points from 0.75% to 1%. The move was widely tipped by experts and is seen as an attempt to curtail soaring inflation, which hit 7% in March (CPI rate). The move means that interest rates are at their highest level since 2009. {loadposition hidden2} […]
Kitces & Carl Ep 85: Building Your (Local) Brand With PR That Actually Works
Traditionally, advisors have relied on client referrals and networking to attract potential clients, but with modern technology and an increase in publicity mediums available, advisors have many more options to build a brand to represent themselves. However, with more available methods to choose from, advisors are increasingly challenged to find the ones that are most […]