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Sunak calls general election for 4 July

Prime Minister Rishi Sunak has called a surprise general election for 4 July.

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Nucleus white label platform acquisition gains approval

The acquisition by adviser platform Nucleus’ of fintech Third Financial has gained approval from the FCA, taking the deal a step closer to completion.

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FCA calls on advisers to watch for signs of financial abuse

The FCA has called on financial advisers and financial professionals to educate themselves and staff on the signs of financial abuse.

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CPI inflation tumbles to 3-year low of 2.3%

 

CPI inflation in April fell to 2.3%, down sharply from 3.2% in March, ONS reported today.

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Regulators hit Citigroup with fines totalling nearly £62m

Citigroup Global Markets Limited (CGML) has been hit today with two fines by UK financial regulators totalling nearly £62m.

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Saltus adds FinCalc digital Planning tools

Wealth manager Saltus has partnered with fintech FinCalc to develop a range of digital tools for its clients and advisers.

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£2.6m credit union with more than 7,000 members fails

Worcestershire Credit Union Castle & Crystal Credit Union Limited (FRN 213711) has been declared in default by the Financial Services Compensation Scheme after it was placed into administration today (21 May).

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Parmenion to allow advisers to create tiered charges

Adviser platform Parmenion plans to introduce tiered adviser charging on its platform this summer to support evolving business models in advice firms, it said.

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Government urged to rethink lifetime provider proposals

The Society of Pension Professionals (SPP) has joined other trade bodies in urging the government to think again on its proposals for lifetime provider pension pots.

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Fintel confident of 'strategic progress' after 4 acquisitions

Fintech and adviser support services firm Fintel, owner of SimplyBiz and Defaqto, has reported making “strategic progress” in a trading update published today.

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