The FCA’s comprehensive adviser sector review published this week brought some surprisingly positive news. The number of advisers is on the up after years of plateauing or decline. According to the FCA, since the Retail Distribution Review (RDR) and the Financial Advice Market Review (FAMR), from 2012 onwards financial adviser numbers, forecast to decline sharply, […]
It was already a big deal when Visa agreed to acquire fintech startup Plaid for $5.3 billion in January—two times the company’s previous private market valuation. But the deal heralded something even larger, helping ignite a flurry of mega fintech deals: Intuit announced plans to acquire Credit Karma for $7.1 billion just a month later, […]
Wealth manager Quilter has reported a year on year rise in assets and a modest recovery in inflows. Assets under Management and Administration (AuMA) were £109.5 billion at the end of September compared to £108.2m in Q3 2019. Year to date net inflows were £1.2 billion compared to £0.2bn in net outflows in 2019. […]
