Lois Vallely

The Financial Conduct Authority (FCA) is at an “inflection point”, chair Ashley Alder has insisted.

The Financial Conduct Authority has suggested smaller advice firms choose a “knowledgeable critical friend” to provide impartial feedback on their approach to the Consumer Duty. The Consumer Duty came into effect in July last year. The regulator has published the findings of its review into firms’ approaches to

The Financial Conduct Authority has launched a major review of defined contribution (DC) pensions rules.

So many people feel so much pressure to spend money at Christmas, that they will go to all kinds of lengths. And this includes getting into huge amounts of debt.

Advice tech business Focus Business Solutions has completed its management buyout (MBO) from Abrdn, marking a “significant milestone” in the firm's evolution.

Pension Lab has launched a performance index to help providers, platforms and pension schemes benchmark their letter of authority (LoA) processing, drive collaboration and raise industry standards. An LoA is a legal document enabling third parties, such as financial advisers, to request information on client plans

Good morning and welcome to your Morning Briefing for Thursday 19 December 2024. To get this in your inbox every morning click here.

Adviser platform and DFM provider Parmenion has added open banking functionality to its platform through a new partnership with Payit by NatWest. With the help of their adviser, clients will be able to make top-up payments directly from their bank accounts. The new functionality reduces the time it takes for their

Advice firms have had a lot to contend with in 2024: a deluge of regulation, a change of government leading to uncertainty over financial policy and the threat, or opportunity, of AI hanging over their heads.

Lois Vallely – Illustration by Dan Murrell Two big stories dominated the platforms space in 2024, as one firm joined and another left.