It’s all been about St James's Place this week, as the firm posts its results in the wake of that Which? exposé.
In one of her final articles, Natalie Holt calls out the consumer group? for misunderstandings in its advice probe.
I also wrote a little analysis in Portfolio Adviser considering why no significant competitor has emerged to take on the firm.
Announcing those results, the boss of SJP David Bellamy says smaller advisers’ inability to keep up with regulation is to blame for high FSCS bills. That’ll go down well with smaller advisers.
Aberdeen bear the brunt of criticism in the Spot the Dog report.
The firm is expanding its services including launching a global growth fund and beefing up its probate service, a cash management portal, and creating a panel of banks to serve high net worth investors.
HMRC figures suggest that £1bn has been raised from the 3% increase in stamp duty land tax on second home purchases since the start of the tax year.
A big jump in the inheritance tax take points to a more aggressive HMRC says NFU Mutual.
Interesting article about life planning in Forbes – US focused but with implications in the UK too.
Now: Pensions has been removed from the Pension Regulator’s list of acceptable master trusts over governance and admin issues.
Rowan Dartington’s Guy Stephens asks has oil had its day?