As they face another bill, IFAs may well be asking themselves when on earth the FSCS is going to reformed. Actually change is in the pipeline but too soon for the latest cash call.
The chairman of SimplyBiz Ken Davy condemns FSCS a £24m emergency call by the FSCS. These cases look to be esoteric investments in Sipps. Not a good look for the sector, though they may be from several years’ back. Will DB transfers provoke the next call?
Ex-Towry boss Andrew Fisher, well known for his robust style, joins the Smith & Williamson board.
Nucleus is to hold a diversity event on International Women’s Day.
Fidelity’s platform businesses make a loss of £15.9m in 2017 up from £15.5m in 2016. Quite a burn rate for a mature business.
James Hambro says Brexit will benefit the UK in the long run after short term pain. City lawyer James Randell is to replace John Griffith-Jones as chairman of the FCA.
Consultancy Space’s managing partner Marilyn Cole outlines the ten tech trends to watch this year.
Neil Woodford predicts the stock market bubble will burst.
Mark Mobius, the veteran emerging market investor, is to retire.
Just before Christmas, Bartholomew Hawkins becomes the latest IFA to stop doing pension transfers having been asked to do so by the FCA.
