Related Research Articles
A stockbroker is an individual or company that buys and sells stocks and other investments for a financial market participant in return for a commission, markup, or fee. In most countries they are regulated as a broker or broker-dealer and may need to hold a relevant license and may be a member of a stock exchange. They generally act as a financial advisor and investment manager. In this case they may also be licensed as a financial adviser such as a registered investment adviser.
The Financial Services Authority (FSA) was a quasi-judicial body accountable for the regulation of the financial services industry in the United Kingdom between 2001 and 2013. It was founded as the Securities and Investments Board (SIB) in 1985. Its board was appointed by the Treasury, although it operated independently of government. It was structured as a company limited by guarantee and was funded entirely by fees charged to the financial services industry.
Which? is a United Kingdom brand name that promotes informed consumer choice in the purchase of goods and services by testing products, highlighting inferior products or services, raising awareness of consumer rights, and offering independent advice. The brand name is used by the Consumers' Association, a registered charity and company limited by guarantee that owns several businesses, including Which? Financial Services Limited, Which? Legal Limited and Which? Limited, which publishes the Which? Papers.
Citizens Advice is an independent organisation specialising in confidential information and advice to assist people with legal, debt, consumer, housing and other problems in the United Kingdom.
Forfás was the national policy advisory board for enterprise, trade, science, technology and innovation in Ireland. The agency was established in January 1994 under the Industrial Development Act, 1993 and was run by a board appointed by the Minister for Enterprise, Trade and Employment, to whom the agency was responsible. Forfás was dissolved on 1 August 2014 and its functions were transferred to the Department of Enterprise, Trade and Employment, Enterprise Ireland, the Industrial Development Authority and the Health and Safety Authority.
A financial adviser or financial advisor is a professional who provides financial services to clients based on their financial situation. In many countries, financial advisors must complete specific training and be registered with a regulatory body in order to provide advice.
The Financial Ombudsman Service is an ombudsman in the United Kingdom. It was established in 2000, and given statutory powers in 2001 by the Financial Services and Markets Act 2000, to help settle disputes between consumers and UK-based businesses providing financial services, such as banks, building societies, insurance companies, investment firms, financial advisers and finance companies.
Aegon UK (Aegon) is an Edinburgh based financial services provider specialising in pensions, investments and insurance.
An individual voluntary arrangement (IVA) is a formal alternative in England and Wales for individuals wishing to avoid bankruptcy. In Scotland, the equivalent statutory debt solution is known as a protected trust deed.
StepChange Debt Charity, formerly the Consumer Credit Counselling Service (CCCS), is the trading name of the Foundation for Credit Counselling, and is a debt counselling charity in the United Kingdom. The organisation offers free debt advice and money management and can be contacted through its freephone telephone helpline or online through its online debt advice tool. In 2022, over 500,000 people contacted the charity for help. The charity also campaigns to change policies and practices that trap people in problem debt.
Kantar Group is a global data, insights, and consulting company based in London, England. It was founded in 1992, and has approximately 30,000 employees in over 90 countries working in various research disciplines, including brand guidance, brand strategy, social media monitoring, advertising effectiveness, consumer and shopper behaviour, and public opinion.
The Pensions Advisory Service (TPAS) was a non-departmental public body and independent non-profit company limited by guarantee in the United Kingdom, which provided free information, advice and guidance on state, company and individual pension schemes. Additionally they helped any member of the public who had a problem, complaint or dispute with their occupational or private pension arrangement.
Australian Financial Services Licence (AFSL) is a legal licence provided by the Australian Securities and Investments Commission (ASIC) enabling the operation and activities of Australian financial services businesses. It is a legal requirement for any Australian financial service business to obtain an AFSL from the day business operations begin unless provided a limited licence or exemption with special provisions under section 911A(2)(l) of the Corporations Act. The AFSL is issued by ASIC under Chapter 7 of the Corporations Act 2001, in line with its regulatory supervision of the financial services industry. Australian Financial Service Businesses must submit an application to ASIC coupled with supporting documents to be assessed. Licensees are obligated to provide efficient, honest and fair financial services under the conditions of their AFSL and the Corporations Act 2001. Failure to follow and uphold the policies under the AFSL and the Corporations Act 2001 will result in penalties against the business.
Sir Hector William Hepburn Sants is a British investment banker. He was appointed Chief Executive Officer of the Financial Services Authority in July 2007 and stepped down in June 2012. He took up a new position with Barclays Bank at the end of January 2013, but resigned from the bank on 13 November 2013.
The Financial Conduct Authority (FCA) is a financial regulatory body in the United Kingdom which operates independently of the UK Government and is financed by charging fees to members of the financial services industry. The FCA regulates financial firms providing services to consumers and maintains the integrity of the financial markets in the United Kingdom.
The Financial Ombudsman Service (FOS) was a member-funded Australian ombudsman service that provided external dispute resolution for consumers who were unable to resolve complaints with member financial services organisations.
Citizens Advice Edinburgh (CAE), is a registered charity, based in Edinburgh, Scotland. Founded in 1939, Citizens Advice Edinburgh is a member of the Scottish Association of Citizens Advice Bureaux, and provides free, confidential, independent and impartial advice to Edinburgh residents.
Pension Wise is a free and impartial pension advice service set up by the government of the United Kingdom in 2015.
EV is a technology company based in the United Kingdom providing digital, personal finance advice with products that combine actuarial knowledge, asset modelling and risk management. The company maintains its head office in Benyon House, Newbury Business Park, Berkshire, with a smaller office in London.
The Financial Planning Association of Australia (FPA) is "Australia’s leading professional association for financial planners." The association has around 11,000 members and affiliates, with nearly 5,000 CERTIFIED FINANCIAL PLANNER® (CFP) professionals. The FPA offers different membership categories including CFP® Professional, Practitioner member - AFP®, Affiliate, Retired, Academic and Student Affiliate members. In addition to running a program of local events across Australia, the FPA also hosts an annual professionals Congress for members and non-members in the profession. The FPA operates 30 Chapters across Australia which are supported by Chapter Chairs and Regional Chapter Chairs. The Future2 Foundation is the charitable enterprise of the FPA, and funds are raised through a mixture of activities including networking and social events. Alongside its consumer-facing brand Money & Life the FPA also runs regular campaigns to raise awareness of the value of financial advice amongst Australian consumers.
References
- ↑ Glen, John (19 June 2019). Breathing Space Scheme (Speech). House of Commons: They Work For You. Retrieved 21 June 2019.
- ↑ "New five-year strategy to greater target those most in need of debt advice". Money Advice Service.
- ↑ Addison, Rachel (10 April 2019). "Industry to pay £36.9m for pension guidance". FT Adviser. Retrieved 21 June 2019.
- ↑ "Who we are". Money and Pensions Service.
- ↑ Simon, Emma (4 March 2019). "SFGB rebranded 'Money and Pensions Service'". Corporate Adviser. Retrieved 3 July 2019.
- ↑ Hosking, Patrick (20 May 2019). "Hector Sants on mission to cure financial misery". The Times. Retrieved 29 May 2019.
- ↑ "MaPS confirms Siarkiewicz as permanent CEO".
- ↑ "Home". The Money and Pensions Service.
- ↑ Milligan, Brian (16 March 2016). "Budget 2016: Money Advice Service to be abolished". BBC News. Retrieved 29 May 2019.
- ↑ Murray-West, Rosie (21 June 2017). "New pensions minister to merge guidance bodies". FT Adviser. Retrieved 29 May 2019.
- ↑ "Maps to scrap legacy brands and operate as MoneyHelper - FTAdviser.com".
