Industry experts say they can’t recall another time when an advisory firm has used a lawsuit for a wholesale indictment of a rival’s recruiting practices.
Weekend Reading For Financial Planners (August 17-18)
Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that the Securities and Exchange Commission (SEC) announced that a total of 26 broker-dealers, investment advisers, and dually-registered firms agreed to pay combined civil penalties of almost $400 million for failing to maintain and preserve required […]
Read before selling: The many alternatives to an M&A deal
Financial advisors have built companies that are attractive to investors. But if they face challenges, experts say they can solve them without letting go of their firms.
The rich can’t sell their art, so they’re borrowing against it
Art loans function as lines of credit, so clients draw on them and pay them back as they can.
FCA fines PwC £15m for failures on LCF mini-bonds
Accountancy firm PwC has today been fined £15m for failing to alert the FCA to suspected fraudulent activity at £237m failed mini-bond firm London Capital & Finance plc.
FSCS probes failed SSAS-linked DFM firm
The Financial Services Compensation Scheme has opened an investigation into failed DFM and SSAS investment firm Central Markets Investment Management (CMIM) Limited.
37% of adults using ISAs for retirement saving
New research suggests that Individual Savings Accounts (ISAs) are at the heart of many people’s retirement savings strategy.
Extended: £250 of M&S Vouchers to win in our Survey Draw
Our 2024 Financial Planning Today Reader Survey has been extended to 6 pm Sunday by request to give you a little extra time to potentially win a £50 M&S Gift Voucher.
MHA MacIntyre Hudson censured by FCA over audit failures
National accountancy firm MHA MacIntyre Hudson, which has a wealth management arm, has been censured by the FCA for failing to notify the FCA of rule breaches by firms it had audited.
Mental health: The best resources for small businesses in Australia
Running a small business can be so incredibly rewarding. You’re completely in charge of making your dreams come true while not having to answer to a boss and doing something you love day in and day out. But running the show also comes with its own set of challenges and stresses, especially during busy periods […]