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1 week ago | 
moneymarketing.co.uk | Dan Cooper |Caitlin Jordan |Kimberley Dondo
Good morning and welcome to your Morning Briefing for Monday 14 April 2025. To get this in your inbox every morning click here. AAB Wealth enters London marketAAB Wealth, the chartered financial planning arm of professional services firm AAB, has announced the acquisition of London-based Magus Wealth. This increases its assets under advice (AuA) to £1.8bn.
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1 week ago | 
mortgagestrategy.co.uk | Caitlin Jordan |Kimberley Dondo
This week’s top stories: FCA plans to raise broker fees by 2% and Nationwide cuts income required on Helping Hand. Explore these developments and more:FCA plans to raise broker fees by 2%The FCA has proposed a 2% fee increase for mortgage lenders and brokers, raising their contribution to £23.5m for 2025/26, alongside a rise in the minimum Financial Ombudsman Service levy from £85 to £95. This follows a 9% hike last year and reflects a 4% rise in the regulator’s annual funding requirement.
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2 weeks ago | 
moneymarketing.co.uk | Momodou Musa Touray |Caitlin Jordan
The chancellor has reappointed Nikhil Rathi as chief executive of the Financial Conduct Authority (FCA) for a second term. Chancellor Rachel Reeves confirmed the appointment this morning (10 April) in a letter to Rathi, saying that she looks forward to working with him in delivering the government growth agenda.
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2 weeks ago | 
moneymarketing.co.uk | Caitlin Jordan |Dan Cooper
Good morning and welcome to your Morning Briefing for Thursday 10 April 2025. To get this in your inbox every morning click here. Earnings surgeFinancial professionals across the UK are enjoying rising incomes, with advisers and investment managers seeing average earnings well above national levels. This is according to the latest BWD Census 2025, which was released today (10 April).
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2 weeks ago | 
moneymarketing.co.uk | Kimberley Dondo |Momodou Musa Touray |Caitlin Jordan
View more on these topicsAdvisers Podcast In this episode of In Conversation With…, host Kimberley Dondo sits down with Bryn Jones, Head of Fixed Income at Rathbones, to unpack the 2025 fixed income landscape. With two decades at the helm, Bryn reflects on market evolution, shares how his geography background and “Anthropocene” approach inform his strategy, and explores the growing role of sustainable bonds.
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2 weeks ago | 
moneymarketing.co.uk | Tom Browne |Caitlin Jordan
Good morning and welcome to your Morning Briefing for Tuesday 8 April 2025. To get this in your inbox every morning click here. Ongoing advice: No black and white – just a sea of greyIn February last year, the FCA wrote to 22 of the largest advice firms, laying out its concern that clients continued to be charged after advice had been given. The regulator asked them for information and data on their delivery of ongoing advice over the preceding seven years.
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2 weeks ago | 
mortgagestrategy.co.uk | Caitlin Jordan |Kimberley Dondo
This week’s top stories: HSBC teams up with charities to combat joint mortgage abuse and the government vows to strip back green rules to ‘unleash’ new housebuilding. Explore these developments and more below:Mortgage rates to rise by 100bps, house prices up by £40,000: OBRThe Office for Budget Responsibility forecasts a 100-basis-point rise in mortgage rates over the next three years, peaking at 4.7% in 2028, while house prices are expected to increase by £40,000 by 2029.
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3 weeks ago | 
moneymarketing.co.uk | Momodou Musa Touray |Tom Browne |Caitlin Jordan
Good morning and welcome to your Morning Briefing for Friday 4 April 2025. To get this in your inbox every morning click here. Benchmark expects to grow 50% faster this year than lastBenchmark Capital has said it expects to grow 50% faster this year than last year. Chief executive Ed Dymott told Money Marketing the business continues to see “strong interest” from new advisers. He said 2023 was a “record year” for attracting new firms, and 2024 has been even better.
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3 weeks ago | 
moneymarketing.co.uk | Caitlin Jordan |Kimberley Dondo |Andrew Tully
The first cracks in the US stock market’s façade have appeared, spurred by worries over global trade and growth. Time to move to the debt market? Fixed income portfolio managers Mike Riddell and James Durance examine a volatile landscape in a new episode of Fidelity Answers. “Until very recently, markets have been pricing in that the US economy will continue growing at 3 per cent forever.
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3 weeks ago | 
moneymarketing.co.uk | Caitlin Jordan |Mike Barrett |Momodou Musa Touray |Nick Blake
Mike Riddell, portfolio manager of Fidelity Strategic Bond Fund, provides an overview of the macroeconomic environment and outlines his views across the strategy’s main alpha sources. Against a backdrop of increased global market volatility, potentially signalling the end of the US exceptionalism trade, he outlines why the team has become less bullish on US Treasuries in the context of less attractive valuations.
