Phil Clegg, Author at CCFPS

Financial Planning Fin influencers should be regulated.

Posted on 25th February 2024 (4th July 2024)

A report by CFA Institute has recommended that so called “fin influencers” offering Financial Planning online should be required to state their regulatory status. Research found that on TikTok, YouTube and Instagram: 45% of financial content contained guidance 36% included financial promotions 32% included Financial Planning The Financial Conduct Authority (FCA) has introduced new legislation […]

Money advisors warn that financial scams target younger people most

Posted on 12th February 2024 (4th July 2024)

Money advisors have warned that whilst the common picture is one of older people being the most vulnerable to financial scams, the reality is quite different. It’s the younger generation who transact most online who are the most vulnerable. The latest research from FT Adviser (17/1/24) found that: 50% of 25 to 35 years olds […]

Pension advisers report transfers more popular than ever.

Posted on 5th February 2024 (4th July 2024)

Pension Advisers report that the number of pension transfers increased by over 20% last year to more than 1.2 million transfers. That’s according to data released by Origo who the biggest provider of pension transfer services in the UK are. They currently provide the transfer processing for 95% of the market, working with over 150 […]

January 2024 news from Christina Clegg your local area Independent Financial Adviser

Posted on 30th January 2024 (5th July 2024)

January 2024 and December 23 news from Christina Clegg your local area Independent Financial Adviser: HMRC is threatening to crack down on individuals who have not declared gains from crypto trading and paid the capital gains tax. The amount possibly outstanding and unpaid is not known but could run into hundreds of millions. Former Labour […]

Local Probate Service delays

Posted on 24th January 2024 (13th February 2024)

Probate Registry Offices have reported a backlog of over 40,000 cases awaiting Grant of Probate creating local probate service delays. This is because there has been a 3% increase in the number of requests. The local probate service average time for Grant of Probate has now increased to 15 weeks, up from 9 week the […]

More financial planning advice adverts banned.

Posted on 11th January 2024 (13th February 2024)

More financial planning advice adverts banned. The Advertising Standards Authority (ASA) has cracked down on Tik Tok advertising by law firm TMS Legal. This follows on the heels of the Financial Conduct Authority (FCA) stepping up its own actions to control financial promotions especially online. The Tik Tok adverts were encouraging claims against Moneybarn and […]

Author: Phil Clegg

Posts by Phil Clegg

Financial Planning Fin influencers should be regulated.

Money advisors warn that financial scams target younger people most

Pension advisers report transfers more popular than ever.

January 2024 news from Christina Clegg your local area Independent Financial Adviser

Local Probate Service delays

More financial planning advice adverts banned.

Christina provides an extremely thorough, in depth service with clear and concise information given at every stage, highly recommended.

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Everything was explained in detail and all my questions answered giving me a better understanding of my circumstances.