SIPP provider Dentons Pensions has reported a 55% rise in new SIPPs business pushing its total number of schemes above 7,800. In its H1 trading update the firm says it saw continued growth in the first half. The firm said that new business was up 55% on the same period last year, with non-standard assets […]
Archives for 2021
FCA chair Charles Randell to step down early
The FCA is hunting for a new chairman to replace Charles Randell who will step down in the Spring, a year earlier than planned. Mr Randell tendered his resignation to Chancellor Rishi Sunak and will quit as chair of the Financial Conduct Authority (FCA) and its sister Payment Systems Regulator (PSR) in about six months. […]
HL client numbers move closer to 1.7m
Investment platform Hargreaves Lansdown signed up 23,000 new clients in the last quarter to push up its total number of active clients to 1.677m, the firm reported today. In a trading statement, the Bristol-based firm it had seen robust growth during the quarter although revenue was down slightly by 1% to £142.2m. Net new business […]
Business Update – 15 October 2021
Welcome back to our first Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. We’re thinking of everyone affected by lockdowns around the country and encourage you to reach out if you have any questions about your business during this time. Sydney Reopens After Months of […]
5 Ways to Recover After a Financial Setback
How to recover the business after a financial setback? You started your business with plans of earning a living and being successful, but an unfortunate fact of business life is that companies suffer financial hardships. Whether those hardships are pandemic-related or linked to other urgent situations, the effect is still the same. Your finances […]
Ex-Raymond James rep slapped with 31 criminal charges over $2M fraud
What Is Marginal Cost?
Just about everything you do in your business comes with a cost. Whether it’s time, money, effort, or something else, you pay a price. But, what happens when you set a limit for production and have to produce more than your set limit? You encounter what’s known as marginal cost. What is marginal cost? Marginal […]
Duo launch new SSAS provider
Debbie Seaton and Nathan Bridgeman have launched a new SSAS provider, SeaBridge SSAS. SeaBridge SSAS launched at the start of the month and is headquartered in Leicester. The provider offers scheme administration, professional trusteeship, technical support, scheme practitioner services, third party administration, consultancy, and a directors pension review service. There are a choice of fee […]