Latest News
Business & Development
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New legal duty to prevent sexual harassment in the workplace
Written by Charlie Rae, partner in law firm TLT’s employment team On 26 October 2024, a new law will come into force…
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Advice industry must go further in attracting young talent
By Ahmed Bawa, CEO of Rosemount Financial Solutions (IFA) Financial advice is not a young industry. Data from the Financial Conduct Authority…
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CII responds to FCA culture and non-financial misconduct survey findings
The Chartered Insurance Institute (CII) is today calling on its members and the wider insurance profession to uphold the highest standards of…
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Royal London comments on the rise of finfluencers
Following news this week that the FCA is taking action against finfluencers who may be illegally promoting financial products, Sarah Pennells, consumer finance specialist at…
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Ahead of National Pension Tracing Day experts warn of over £13,000 laying unclaimed in ‘lost’ pensions
Ahead of National Pension Tracing Day, this Sunday (27 October), new research from digital wealth manager, Moneyfarm, has found that 29 percent of…
Economy
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Retail boosted by tech sales in September
The latest figures retail revealed that sales grew 0.3% in September with new product launches boosting tech takings which helped offset falling…
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ECB confirms expectations with a further 0.25% cut to interest rates in bid to boost economy | Reaction
Following the latest ECB interest rate decision to cut interest rates for the third time this year which was announced today, investment…
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Sharp drop in inflation to 1.7% has implications for interest rates, pensions and the broader economy: REACTION
The ONS has announced this morning that UK inflation has dropped to 1.7% for the year to September, down from 2.2% in…
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Invesco: Early earnings calls indicate a resilient US economy
Kristina Hooper, Chief Global Market Strategist at Invesco, provides her key learnings from the start of Q3 earnings season, noting that overall…
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AJ Bell: Unemployment falls amid Budget uncertainty for job creators
Unemployment has fallen to 4%, down from 4.1%, in the three months to August. Early estimates for payrolled employees in September show…
Insurance and Protection
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Solvent exit planning is key for insurers ahead of imminent PRA policy statement
Broadstone, a leading independent financial services consultancy, has identified four key actions for insurers to take ahead of imminent changes from the…
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Protection Guru to host bi-monthly Consumer Duty alliance protection forums
The Consumer Duty Alliance (CDA) has today announced that Protection Guru, the specialist technical information service for life insurance advisers, will hold bi-monthly virtual forums…
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Vitality’s new value statement highlights value received by members
Vitality has launched a new bi-annual value statement for health and life members that shows them the value they receive in monetary…
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I&P Podcast #8: Unlocking the power of Business Protection with Shelley Read from Royal London
In this episode of IFA Talk, Jenny and Brandon dig into the topic of Business Protection and why it’s something advisers shouldn’t…
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AMI shares initial findings from 2024 Protection Viewpoint Report – ‘Making Protection Personal’
Ahead of the launch of the fifth AMI Protection Viewpoint Report, the Association of Mortgage Intermediaries (AMI) has released preliminary findings from its latest…
Mortgage & Property
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“The LISA cap is bizarre”: gov urged to help first-time buyers in Autumn Budget
Urgent calls are being made for the government to announce changes in the Autumn Budget to kick-start the first-time buyers’ market. Financial…
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Aware Super and Delancey form £1 billion real estate investment partnership
Aware Super has formed a strategic partnership with Delancey Real Estate, a leading UK investment, asset and development manager to establish a…
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The Right Mortgage & Protection Network announce new regulatory trainer appointment
The Right Mortgage & Protection Network has today (25th October 2024) announced the appointment of a new Regulatory Trainer, Jane Gough. Jane will…
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Countrywide Surveying Services (CSS) advances towards its goal of achieving Net Zero by 2045
Countrywide Surveying Services (CSS) advances towards its goal of achieving Net Zero by 2045, five years ahead of the UK’s 2050 target…
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MPowered Mortgages cuts three-year fixed rates by 0.30% with rates starting from 3.93%
MPowered Mortgages, the lender issuing instant offers, has made further cuts to its three-year mortgage range by up to 30 basis points with effect…
Regulation & Complaince
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BNY Investments’ Richard Parkin reminds firms of need for action in retirement planning advice and assessing risk, following FCA portfolio letter to advisers on future priorities
Earlier this week, the FCA sent advice firms a letter detailing areas it will be focusing on over the next two years.…
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The Consumer Duty shift: Striving for success
In a rapidly evolving regulatory landscape, consumer duty has become one of the most significant shifts for financial services in decades. Jenny…
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FCA and PRA appoint new FSCS Chair
The Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) have appointed Elizabeth Passey as chair of the Financial Services Compensation…
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The FCA’s balancing act: Rahman Ravelli’s Niall Hearty looks at the regulator’s enforcement successes amidst economic growth goals
In this exclusive insight for IFA Magazine, Rahman Ravelli Partner, Niall Hearty, looks at the latest FCA annual report and shares his…
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Embracing Consumer Duty: Sector leaders endorse CII Professional Map on two-year anniversary
As the Financial Conduct Authority’s (FCA) Consumer Duty cements a cultural shift in how insurance and personal finance professionals deliver better customer…
