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FCA bans advisers over £42.3m BSPS-linked pension transfers
The Financial Conduct Authority has banned Darren Reynolds and Andrew Deeney of Active Wealth Limited for dishonest pension transfer advice.
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STM profits down amid extended takeover talks
SIPP provider STM has reported half year, pre-tax profit down by £400,000 as negotiations over a takeover bid for the group are extended again.
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Advisers fear pension death tax changes
Only one in 10 financial advisers support the government’s proposed changes to the tax rules surrounding pension death benefits.
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Nucleus completes £242m Curtis Banks acquisition
Nucleus Financial Platforms has completed its £242m acquisition of SIPP and SSAS provider Curtis Banks to create a retirement-focused adviser platform with approximately £80bn AUM.
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Milton Keynes adviser firm fails with pension claims
Former Milton Keynes financial adviser firm Mike Norris Financial Services (FRN 542126) has been declared as failed by the Financial Services Compensation Scheme.
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