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SIPP adviser declared as failed
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The Financial Services Compensation scheme has declared two financial advice firms as failed including a firm which provided advice on SIPPs.
FCA removes 4A permissions of Weymouth BSPS adviser
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The FCA has cancelled the permission of KBFS Financial Limited (FRN: 831504) to carry out regulated business following restrictions imposed in October over concerns about its failure to pay redress to former members of the British Steel Pension Scheme.
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Wealth and SIPP adviser declared as failed by FSCS
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Liverpool wealth manager Blankstone Sington Ltd (FRN: 143694) has been declared as failed by the Financial Services Compensation Scheme.
Read more: Wealth and SIPP adviser declared as failed by FSCS
FSCS declares SIPP-connected EU firm as failed
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The FSCS has declared a Portuguese financial firm involved in the UK SIPP market in breach of its regulatory permissions as failed.
Adviser platform net flows halve in Q4
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Net adviser platform flows fell to £655m in the fourth quarter of 2023, their lowest total on record, according to analyst Fundscape.