Wealth management and Financial Planning firm Depledge Strategic Wealth Management has become a CISI Accredited Financial Planning Firm. There are now 67 CISI Accredited Financial Planning firms in the UK. Andrew Day, director and Chartered Financial Planner at Depledge, said: “‘Depledge was formed in 2014 to offer the highest quality of Financial Planning advice and […]
Archives for March 2022
Moret calls for Consumer Duty dashboard
Industry veteran John Moret has called on the Financial Conduct Authority to add a customer service ‘dashboard’ to its proposed Consumer Duty rules. The dashboard would help advisers comply with the new regulatory duties by keeping track of consumer service standards and benchmarking. Mr Moret said a dashboard could have four key benefits: Ensuring the FCA […]
Lockdown habits boost 1 in 2 wealthy Britons
Almost half (47%) of wealthy Britons say their finances have improved due to retaining lockdown habits such as stricter budgeting and curtailing unnecessary spending. Over four in ten (46%) have been able to save and invest more than usual during the pandemic, they said. Over a quarter (28%) of those surveyed by wealth manager Brown […]
Business Update – 9 March 2022
Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. COVID-19 Vaccine Claims Scheme The government is developing a claims scheme to provide a simple, streamlined process to compensate eligible people who suffer a moderate to significant impact following an adverse reaction to […]
5 questions on expanding pathways into the industry
FCA restricts Hartley Pensions new business
The Financial Conduct Authority has placed a restriction on Bristol-based SIPP provider Hartley Pensions which prevents it from taking on new business. Hartley Pensions has been prevented from taking on new business since 4 March. An asset sale restriction has also been put in place. The FCA restriction did not disclose the reasons for the […]
FCA restricts Hartley Pensions new business
The Financial Conduct Authority has placed a restriction on Bristol-based SIPP provider Hartley Pensions which prevents it from taking on new business. Hartley Pensions has been prevented from taking on new business since 4 March. An asset sale restriction has also been put in place. The FCA restriction did not disclose the reasons for the […]
FCA restricts Hartley Pensions new business
The Financial Conduct Authority has placed a restriction on Bristol-based SIPP provider Hartley Pensions which prevents it from taking on new business. Hartley Pensions has been prevented from taking on new business since 4 March. An asset sale restriction has also been put in place. The FCA restriction did not disclose the reasons for the […]
Strategies For Maximizing (Or Minimizing!) Rule 72(t) Early Distribution Payments Using IRS Notice 2022-6
Sometimes there are situations where individuals need access to funds in their tax-deferred retirement accounts sooner than the rules say they can. In fact, except for a narrow range of ‘emergency’ situations, the only way most individuals can access these funds without incurring a 10% early withdrawal penalty tax is by setting up a “Series […]
Strategies For Maximizing (Or Minimizing!) Rule 72(t) Early Distribution Payments Using IRS Notice 2022-6
Sometimes there are situations where individuals need access to funds in their tax-deferred retirement accounts sooner than the rules say they can. In fact, except for a narrow range of ‘emergency’ situations, the only way most individuals can access these funds without incurring a 10% early withdrawal penalty tax is by setting up a “Series […]