Professional Adviser

1 day ago | professionaladviser.com | Sahar Nazir

Move brings regulatory expertise in-house to strengthen AI-backed suitability tools for advisers Artificial intelligence (AI) and data technology partner Saturn, which works with more than 350 financial advice firms, has acquired compliance and paraplanning support provider Ateb Suitability from Thistle Group to “strengthen” adviser-focused reporting and regulatory services. Ateb Suitability, which will now operate under the name Ateb Insights, said it had supported advice firms through...

2 days ago | professionaladviser.com | Sahar Nazir

Speaking today (13 May) at a roundtable hosted by the firm, Macfarlanes partner Laura Bridgewater said NFM remains a priority for the regulator — particularly in light of recent political scrutiny — and that advice firms have a duty to take pre-emptive action, even in the absence of formal enforcement cases. "Firms regulated by the FCA must deal appropriately with allegations of misconduct, even if it's not financial in nature," Bridgewater said.

3 days ago | professionaladviser.com | Jaskeet Briah

The Exeter research findings Nearly two thirds (62%) of advisers have said it is difficult to find cover for clients with multiple or pre-existing health conditions, according to The Exeter.

3 days ago | professionaladviser.com | Jen Frost

FOS complaints against SJP skyrocketed by more than 450% from 2023 to 2024, when they breached the 2,100 mark. The update came as complaints across all financial products surged to more than 140,000 in the second half of 2024, up 49% on the same period the prior year. Approaching half (46%) of all new FOS complaints for the latest reported period were brought by professional representatives. It's old news that SJP has set aside more than £430m for refunds and associated costs.

6 days ago | professionaladviser.com | Sahar Nazir

Prosecution ready to proceed but court agrees to delay trial until late August The trial of Marian Okunola, a former contractor-turned-employee at Titan Wealth, has been rescheduled for later this summer following a hearing at Ealing Magistrates’ Court today (9 May).