The Financial Conduct Authority has received 2,754 allegations of misconduct including fraud, money laundering and compliance complaints, according to data from the regulator’s annual report and accounts. The allegations were provided by a total of 1,046 whistleblowers, according to analysis from a Parliament Street think tank. This compares with 1,100 whistleblowers in 2019/20. Financial penalties […]
Archives for August 2021
In FINRA’s new crosshairs? Maybe not if you’re a large brokerage
Morgan Stanley asks court to throw out data security lawsuit
What’s the Child Tax Credit, and Why Should Business Owners Know About It?
The news is out: President Biden authorized advanced child tax credits, and many parents are already receiving payments in their bank accounts. But, what is the big deal about the child tax credit 2021 plan? And, why should you know about it as a business owner? We’ve got the scoop on the child tax credit […]
Kitces & Carl Ep 66: Helping Clients To Stop Maximizing Their Wealth And Set Goals To Enjoy It Instead
Beyond offering technical expertise across the eight primary knowledge domains of financial planning, one of the most valuable services that financial advisors bring to the table is helping clients align how they use their resources with the things that are most important to them. Accordingly, advisors create an overlap between a client’s values and use […]
Marketing head promoted to MD of AJ Bell adviser platform
Billy Mackay, former marketing director of AJ Bell Investcentre for 13 years, has been promoted to managing director of AJ Bell’s adviser platform. Mr Mckay will take over from current managing director Fergus Lyons at the start of October. Mr Lyons will move into an advisory role to oversee and support the development of simplified […]
Marketing head promoted to MD of AJ Bell adviser platform
Billy Mackay, former marketing director of AJ Bell Investcentre for 13 years, has been promoted to managing director of AJ Bell’s adviser platform. Mr Mckay will take over from current managing director Fergus Lyons at the start of October. Mr Lyons will move into an advisory role to oversee and support the development of simplified […]
CI Financial’s wealth management arm surpasses its legacy fund assets
UBS hires ex-JPMorgan banker to attract more diverse investors
Origo’s doubles providers using new integration hub
Industry fintech integration body Origo has nearly doubled signings to its Origo Integration Hub (OIH) in a year, adding 20 organisations to take the total number of users to 42. The hub enables firms to swap information and data with each other more easily and improves integration between providers. Anthony Rafferty, CEO of Origo, said: […]