Wealth Investment News

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Tribunal reduces fines for pair involved in pension transfer advice failings but upholds bans

By Jack Gray

4/8/26

The Upper Tribunal has upheld the Financial Conduct Authority’s (FCA) decision to ban a director and adviser from working in financial services due to pension transfer advice failings, but reduced their fines

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Big endgame results for small pension schemes

For many CFOs and trustees, small DB schemes feel stable but not yet fully resolved. Without deliberate planning, gradual risks emerge. Moving from stability to a clear endgame requires focus.

Perspective acquires Scotland-based advice firm

Perspective Financial Group has acquired Scotland-based advice firm Phoenix Wealth Solutions for an undisclosed amount

IHT clients getting younger but advisers still concerned many are engaging too late

Inheritance tax (IHT) and estate planning clients are getting younger as demand increases, but advisers are still concerned that people are engaging with the issue too late, analysis from Downing has shown

Clifton Wealth Partnership (CWP) has acquired Banyard Independent Advice Services and Wilcox Financial Planning, both based in South Wales

FCA pushes forward with equity market transparency reforms

The Financial Conduct Authority (FCA) has published a package of reforms designed to improve transparency and strengthen access to market-wide information in UK equity markets

UK-based HNWs ‘increasingly considering’ relocation to Channel Islands

High net worth (HNW) families in the UK are increasingly considering the Channel Islands as a ‘near-shore, offshore’ option as they reevaluate where they live, work, and structure their affairs, according to Rathbones

Wealth managers increasing exposure to emerging markets amid positive sentiment

Positive sentiment among UK wealth managers towards emerging markets is translating into increased portfolio allocations, according to Franklin Templeton