A provision paying for breaks for parents and business owners has earned widespread praise, but an expert says financial advisors should be on alert.

  There is no doubt in my mind that retirement planning is changing in unexpected ways. Whether it is changing for good or just adapting to a post-Covid, high cost of living world remains to be seen. A number of studies this week, including the PLSA’s substantial uprating of the income needed in retirement for […]

The FCA says a crackdown on illegal investment advertising on the internet helped cut investment fraud in 2023 with overall losses down 40%.   The FCA said by working closer with internet firms it had turned the tide, with Google’s change of policy on investment promotion alone leading to a “100% reduction in illegal paid-for […]

Adviser platform Nucleus has signed a deal to acquire Third Financial, a provider of white label investment platforms and software. Nucleus says the acquisition, for an undisclosed sum, will increase Nucleus Assets Under Advice to around £90bn. The acquisition will also give Nucleus the ability to offer ‘adviser-as-a-platform’ services, enabling adviser firms to offer their […]

Downsizing in retirement is common. What’s less common is building the new home yourself. Can a senior in California pull it off?

Four hundred workers from The Pension Regulator will take part in a new 12-day strike starting later this month. Public and Commercial Services (PCS) union members will stage a strike which will begin on 28 February. Staff will walk out on: 28 and 28 February and 1, 4, 5, 6, 13, 14, 15, 18, 19 […]

The firm’s recruiting chief shared the latest updates with FP amid record financial advisor headcounts and an effort to expand beyond its traditional label as an IBD.

Financial Planner and professional services firm Progeny has appointed Tom Wood as its new chief financial officer as the firm looks for options to speed up growth. He brings over 25 years of experience in financial services, including leading change and growth within private equity-backed businesses. Former roles include CEO and CFO of Shawbrook Group, […]

The Swiss firm reports strong asset inflows for the year but still struggles with low profit margins in the U.S.

Hargreaves Lansdown has today confirmed the appointment of Alison Platt to the role of chair of the board and as a non-executive director of HL, following regulatory approval. She has replaced Deanna Oppenheimer who unexpectedly quit in November after activist investors had threatened to vote against her re-appointment at the December AGM. Some investors had […]