The strong market thus far in 2023 has some concerned about a possible sell off.

As the economy improved, investors favored different products — ones that matched the complexity of the moment.

The FCA will change the regulatory landscape on Monday (31 July) when the new Consumer Duty arrives. So will it be a Blue Monday or a Red Letter Day? It’s realistically too early to say but one thing is true: there’s been much written about the consumer element of the Consumer Duty but less about […]

Even though shareholders gave their proposals less support in 2023, adherents point out that they withdrew many of them after firms agreed to make changes.

Peter Flavel, the CEO of private bank and wealth manager Coutts, is to step down with immediate effect as the fall out from the Nigel Farage bank account fiasco continues. Dame Alison, CEO of Coutts parent NatWest, has already stepped down over the affair. New NatWest interim chief executive Paul Thwaite announced the departure of […]

The Wall Street regulator is targeting technology that offers advice that might be against clients’ best interests — even if advisors are unaware of the conflict.

Only three in five (58%) advised consumers had high levels of trust in their financial adviser in 2022, according to the latest FCA Financial Lives survey. One in ten (13%) said they had low levels of trust in their adviser, however, trust levels have not changed significantly since 2017. Financial advisers were also more highly […]

After the regulator’s report raised questions about fairness to investors, PIABA is seeking new rules that would require advisory firms to make it easier to file complaints.

The annual cost of a comfortable retirement has increased by nearly a fifth in the last two years as average spending by retired households climbs to £23,675 a year, new analysis of the latest Government data has shown. Pension provider iSIPP said retired households aged between 65 and 74 now spend £455.30 a week, adding […]

For decades, Americans have been retiring later and later in life. Now 20% of the population is giving up on the idea altogether.