The Treasury has moved a step closer to making the underlying investments in mini-bonds a fully regulated activity to protect consumers after the £237m collapse of mini-bond provider London Capital & Financial (LCF). Some 11,625 investors lost savings worth a total of £237m when LCF, a mini-bond provider, collapsed. The majority faced heavy losses until the […]
Archives for March 2022
Retail vs. Wholesale: The Differences Businesses Should Know
When you open a business that sells products, one of the critical decisions you need to make is how you will sell. Do you plan to sell your products directly to your customers? Or, will you use vendors who distribute your products to their customers? The way you sell determines if your business is retail […]
£5,500 pay rises for 800 lower paid FCA staff
The Financial Conduct Authority (FCA) is to offer 800 of its lower paid staff a pay and benefits increase worth £5,500 each. The news, part of a major salary shake-up, comes as strike action looms at the watchdog over union recognition and the scrapping of bonuses. The FCA says under the new deal most […]
£5,500 pay rises for 800 lower paid FCA staff
The Financial Conduct Authority (FCA) is to offer 800 of its lower paid staff a pay and benefits increase worth £5,500 each. The news, part of a major salary shake-up, comes as strike action looms at the watchdog over union recognition and the scrapping of bonuses. The FCA says under the new deal most […]
#FA Success Ep 270: Managing Growth By Building A Team Of ‘A’ Players, With Kyra Hollowell Morris
Welcome back to the 270th episode of the Financial Advisor Success Podcast! My guest on today’s podcast is Kyra Hollowell Morris. Kyra is the founder of Morris Financial Concepts, one of the oldest independent fee-only RIAs based in Charleston, South Carolina, that oversees $350 million of assets under management for 250 client households. What’s unique […]
FCA introduces CMC fee cap
The Financial Conduct Authority (FCA) has introduced a cap on fees for claims management companies (CMCs). The regulator said it will prevent CMCs from “charging excessive fees to consumers owed compensation from financial services firms”. The cap is based on the total redress due. If a consumer’s redress amount is below £1,500 they can only […]
News Flash: Flood disaster payments and a new NSW voucher scheme
In breaking news, federal and state governments have rolled out vital personal and SME financial support for those individuals and businesses affected by the devastating current flooding in NSW and QLD. In other news, there are also number of new ‘dine and discover’ style vouchers to be taken advantage of for NSW residents and businesses. […]
News Flash: Flood disaster payments and a new NSW voucher scheme
In breaking news, federal and state governments have rolled out vital personal and SME financial support for those individuals and businesses affected by the devastating current flooding in NSW and QLD. In other news, there are also number of new ‘dine and discover’ style vouchers to be taken advantage of for NSW residents and businesses. […]
How to re-sharpen your marketing for 2022
Rushing into 2022 as a business owner will come with a hint of hesitation. There will be a level of PTSD from the last two years of business purgatory and the widespread personal devastation that accompanied the COVID-19 pandemic. A sage business person will be taking the time early in the year to reassess and […]
How to re-sharpen your marketing for 2022
Rushing into 2022 as a business owner will come with a hint of hesitation. There will be a level of PTSD from the last two years of business purgatory and the widespread personal devastation that accompanied the COVID-19 pandemic. A sage business person will be taking the time early in the year to reassess and […]