FCA fines Starling Bank £29m for financial crime failings
Oct 2, 2024 · The Financial Conduct Authority has fined Starling Bank Limited £28,959,426 for failings related to its financial sanctions screening. FCA said it identified serious concerns with the anti-money ...
Stamp duty on second homes rise to 5% from tomorrow
Oct 30, 2024 · Chancellor Rachel Reeves has increased the stamp duty surcharge on second homes and investment properties from 3% to 5%, effective from tomorrow. Announced in today’s Autumn Budget, Reeves ...
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M&G to exit platform market - Money Marketing
Sep 4, 2024 · M&G has confirmed it will exit the platform market as part of its simplification plans, it said in its half-year results today (4 September). In May 2020, M&G announced plans to buy Royal London ...
Skerritts rebrands to Shackleton and buys four advice firms
Dec 2, 2024 · Skerritts has rebranded to Shackleton and has bought four more financial-advice businesses. This brings the number of deals completed to 15 since private-equity firm Sovereign Capital Partners ...
Bristol-based advice firm Clifton receives private-equity backing
Oct 29, 2024 · Wealth management firm Clifton Asset Management has received investment from private equity-backed CBPE Capital. CBPE is partnering with Clifton’s management team, led by CEO Neil Greenaway ...
'They are watching you': Regulation in 2024 | Money Marketing
Dec 16, 2024 · Dan Cooper – Illustration by Dan Murrell. The introduction of the Consumer Duty transformed the landscape for regulation in 2023, but it’s fair to say 2024 was the year that changed it forever.
The Morning Briefing: The ‘easy money’ era in AI is over; reasons …
5 days ago · The fund primarily invests in UK government bonds and large-cap equity index options, offering scalability and liquidity. It aims to deliver annual returns of 7-10% or more, with positive ...
Tom Selby: Reasons to be positive as we head into 2025
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It’s time to save SSAS from extinction - moneymarketing.co.uk
Nov 7, 2024 · The entrepreneurial self-investment capability still has a solid place within the advice sector, particularly to meet the practical needs of small and medium-sized enterprises – in other words ...