Quilter Financial Planning has been praised for its handling of Lighthouse’s involvement in the British Steel Pension Scheme scandal by the FCA. Therese Chambers, joint executive director of enforcement and market oversight at the FCA, said Quilter was a “model example” of how to behave. In a speech given at the City & Financial FCA […]

Fast-growing Chartered Financial Planning firm Progeny has appointed Sam Murton as its new chief operating officer. She has been working with Progeny as a consultant since 2022. Ms Murton has extensive experience in international business consulting, strategic development and people and change management. She has worked with a diverse range of businesses and sectors, including […]

The Personal Finance Society has launched its 2023/24 PFS Personal Finance Awards and Financial Planners and firms have until 14 July to enter. The winners will be announced in October, following two judging stages. The PFS said the awards “are an opportunity to showcase success, and celebrate the remarkable achievements of individuals and firms who strive to […]

The issue of vulnerable clients has become something of a hot potato in recent years so it was good this week to see some pleasing progress in the Financial Planning and financial advice arenas. The FCA, the Financial Vulnerability Taskforce and others have been shining an increasingly brightly light on vulnerable clients in recent years, […]

The FCA has halted regulated business at ‘no client’ Mayfair-based financial adviser Kingsbridge Capital Advisors Ltd (KCAL) over non payment of FCA fees. KCAL appealed the matter to the Upper Tribunal on 28 December but on 18 May withdrew its reference to the Tribunal by consent. As a result of the withdrawal of the appeal, […]