The offering, a mix of liquid credit and private investment, still needs regulatory approval.
FCA launches first crypto criminal prosecution
The FCA has charged the first individual with running a network of illegal crypto ATMs.
FCA delays SDR label requirements
The FCA has given firms four more months time to comply with its new Sustainability Disclosure Requirements’ regime and new investment label rules.
Biden aides working on U.S. sovereign wealth fund
The proposal seeks to mirror similar funds used by Norway, Kuwait and Abu Dhabi to support national interests in technology, energy and other industries.
Financial planning as a perk opens doors for advisors
This fringe benefit can take the weight off of the company’s human resources department, allow employees to experience the benefits of financial planning and even allow advisors to prospect for new clients.
Tech execs: Don’t adopt advisor AI because of FOMO
Top executives at Advyzon, Kwanti, Softlab360 and The Oasis Group discuss how advisors should be careful not to jump into AI too quickly, despite being tech advocates themselves.
FCA bans 4 over ‘reckless’ pension transfer advice
The FCA has banned four financial advisers, three provisionally, over “reckless” pension transfer advice which has so far cost £13.4m in compensation payments.
£5.4bn takeover of Hargreaves Lansdown moves closer
The acquisition of platform provider Hargreaves Lansdown by a private equity-led consortium has moved a step closer today as the scheme of arrangement was officially confirmed.
Just 1 in 10 crypto applications approved
Only just over 1 in 10 (13%) of cryptoasset authorisation applications were approved by the FCA in 2023-24, according to the regulator’s annual report.
Former athletes can win big by tackling careers in financial advice
Professional athletes, who may have struggled financially for years, often suddenly come into large sums of money once they achieve their dreams. That’s where a financial advisor can help — especially one who is a former athlete.