The Financial Conduct Authority has launched criminal proceedings against two brothers who allegedly dishonestly claimed their firm was authorised. The brothers, Peter and Andrew Currie, were the former directors of Collateral (UK) Ltd (Collateral), a peer to peer lending company. The brothers each face two charges under the Fraud Act 2006 and one charge under […]
Archives for 2022
Editor’s Column: The Planning express needs to avoid derailment
First things first: Happy New Year. I hope it’s a good one for you, your business and your clients. Times remain challenging (how many times have I written that) but a New Year brings new hope and plenty of potential for Financial Planning, indeed the prospects for Financial Planners are promising. The obvious immediate […]
John Moret: Recent FOS rulings on SIPPs ‘concerning’
I have written before about my concerns about the way the Financial Ombudsman Service is reaching decisions in cases involving SIPPs and SIPP investments and the implications for SIPP providers and advisers. I feel obliged to return to the subject having read the FOS determination in the case of Mr I and bdhSterling Limited (case […]
John Moret: Recent FOS rulings on SIPPs ‘concerning’
I have written before about my concerns about the way the Financial Ombudsman Service is reaching decisions in cases involving SIPPs and SIPP investments and the implications for SIPP providers and advisers. I feel obliged to return to the subject having read the FOS determination in the case of Mr I and bdhSterling Limited (case […]
FSCS declares SIPP-linked firm in default as claims mount
The Financial Services Compensation Scheme has declared a Nottingham-based wealth manager in default amid a flood of claims, many relating to SIPPs transfers. The FSCS told Financial Planning Today that so far it has received 31 claims against Hamilton Rose Wealth Management Ltd which also traded as Athena Wealth and theisaexpert.co.uk. Just one claim has […]
Schroders Personal Wealth hires chief client officer
Financial Planner Schroders Personal Wealth has recruited Ben Waterhouse from Barclays Wealth to be its new chief client officer. Mr Waterhouse will be responsible for the firm’s growth strategy in regions across the UK and will also aim to improve and deliver SPW’s advice proposition to clients, SPW says. He joins from Barclays Wealth where […]
M&G gets green light for Sandringham takeover
Fund and wealth management group M&G has received the regulatory go ahead for its acquisition of financial adviser firm Sandringham Financial Partners. The deal will spur M&G’s ambitions to become a major wealth manager as well as an established investment manager. The deal, first announced in August, will add £2.5bn of assets under advice to M&G […]
Asset managers accused of ‘woke-washing’ ahead of 2022 proxy fights
Let’s Get Down to Brass Tacks. How Does Accounting Software Work?
The fact is, business owners should know a little about accounting. And yes, hiring an accounting professional is a tremendous help. But, what about the day-to-day cash flow of your business? What about invoicing, bill payments, data entry, and other accounting tasks? That’s where accounting software can help. So, how does accounting software work? How […]
The biggest mistakes I made in my bookkeeping business
Starting a bookkeeping business is fulfilling, but it’s not without challenges. A lot goes into building a bookkeeping business from the ground up, and there are sure to be some missteps. The good news is that you don’t have to make the same mistakes I did. That’s why I’m sharing the biggest mistakes I made […]