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FCA wins £25m back for SIPP victims
The Financial Conduct Authority has secured £25m more compensation for 4,500 investors in the failed Park First scheme which saw investments sold to a number of SIPP investors.
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Transact FUD rises 7.2% as IFAs place £1.99bn
Funds under direction (FUD) for adviser platform Transact rose 7.2% over the quarter ending 30 June.
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Embark platform arm to add 50 staff in Dundee
Retirement and platform provider Embark is to hire more than 50 people in Dundee over the next few months to boost its platform operations in the city.
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Curtis Banks sees rise in SIPPs after takeovers
Acquisitive SIPP provider Curtis Banks has reported a 15% rise in its number of mid and full SIPPs to 55,000 following the acquisition of Talbot and Muir.
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Expect to see an FCA that looks different says Rathi
Over the next 18 months Financial Planners can expect to see a Financial Conduct Authority (FCA) that looks and feels different, according to the regulator’s chief executive Nikhil Rathi.
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