Latest News - Elliot Smith
FCA visits five Sipp firms after chief exec's claims warning
The Financial Conduct Authority visited five Sipp firms in the weeks following a warning letter being sent to chief executives about potential compensation claims, New Model Adviser® understands
FCA gives Keydata boss Ford until 1 February to pay £76m fine
The Financial Conduct Authority (FCA) has given Keydata founder Stewart Ford until 1 February to pay a £76 million fine.
Pru turns to SJP model in latest advice push
Prudential’s new self-employed financial planning arm will aim to plug the advice gap and challenge networks and national advice firms, according to incoming director Tom Hegarty.
Pru hires from SimplyBiz for 'invite-only' planning arm
Prudential UK & Europe has appointed Tom Hegarty to head the self-employed 'invitation only' part of Prudential Financial Planning (PFP).
How DB transfers dominated regulation in 2018
In the third part of our end of year review Elliot Smith looks back on the year in regulation.
Towergate wins claim against advisers over Ucis & DB transfers
The Court of Appeal has ruled in favour of national advice firm Towergate Financial in a lawsuit against a firm it bought.
SJP buys Surrey-based protection advice specialist
St James's Place (SJP) has acquired Reigate-based specialist protection advice firm Future Proof.
'It's not just about the numbers': FCA defends new DB transfer rules
The Financial Conduct Authority (FCA) has defended the controversial transfer value comparator (TVC) process for defined benefit (DB) transfers in its Live & Local seminars, New Model Adviser® can reveal.
TPR prosecutes accountant over bank account pension payments
The Pensions Regulator (TPR) has launched its first prosecution against an accountant charged with fraud and making employer-related investments.
Cashflow for Christmas: CashCalc launches £1 TVC and Apta offer
Cashflow technology provider CashCalc has launched a Christmas offer of £1 a month on its integrated transfer value comparison (TVC) and appropriate pension transfer analysis (Apta) tool.