Archives for 2022
Weekend Reading For Financial Planners (July 9-10)
Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with a recent study indicating that 15% of employee advisors at wirehouse firms and 7% of independent advisors affiliated with a broker-dealer are considering leaving their firm in the next one to two years. Of those most likely to […]
First Trust Capital Partners acquires direct indexing firm Veriti Management: Wealthtech weekly
Editor’s Comment: That Was The Week That Was
The BBC TV satire show That Was the Week That Was became one of the most popular TV shows in the early sixties. It was a late evening political satire which ruthlessly, but humorously, poked fun at politicians and Britain’s class-ridden society of the time. It was hugely influential and how we need its […]
Scammers using fake FCA emails and phone calls
The FCA has warned that many scammers are using bogus emails, letters and phone calls purporting to be from the FCA to target authorised firms and consumers. With scams on the rise, the regulator has issued a detailed warning this week about the methods scammers are using and advised people to check details carefully before […]
Scammers using fake FCA emails and phone calls
The FCA has warned that many scammers are using bogus emails, letters and phone calls purporting to be from the FCA to target authorised firms and consumers. With scams on the rise, the regulator has issued a detailed warning this week about the methods scammers are using and advised people to check details carefully before […]
Pension transfer IFA fails after 34 claims
Glasgow-based IFA Cowley & Miller Independent Financial Services Limited has failed after the firm was hit with 34 claims from clients, most related to pension transfers. The Financial Services Compensation Scheme today declared the firm a failed business and opened the door to customers claiming compensation. The FSCS said 34 claims had so far been received. […]
Transact accepts wider range of e-signatures
Platform Transact is now accepting e-signatures from a wider range of electronic document providers with nearly all systems accepted. The company said in a newsletter to users this week that the move is part of its “strong progress” towards digital transformation for the company. The company says that 90% of its application submissions are now […]
Treasury hires Hong Kong regulator as new FCA chair
Ashley Alder – the CEO of Hong Kong’s Securities and Futures Commission (SFC) – is to become the new chair Financial Conduct Authority from January. He will replace Charles Randell who stepped down recently from his five year contract a year early. His appointment has been made by the Treasury which is responsible for selecting […]