The Week in Numbers – 10th December

The Week in Numbers

£5m – Potential annual increase in advisers’ FSCS levies if the FCA pushes aheadblue news with plans to expand the scheme

13% – Fall in assets under management at Aberdeen following outflows from the group’s flagship emerging markets equity funds

£16m – Paper loss made by Neil Woodford on investment in Northwest Biotherapeutics. Woodford has called for an ex-FBI agent to be appointed as non-executive director

3% – Amount more in stamp duty buy-to-let landlords will have to pay compared to residential buyers following Autumn Statement

£840m – Amount the Government will save following delays to two planned rises in minimum contribution rates under auto-enrolment

£150k – Current compensation limit for FOS claims. The FCA last week suggested the limit may need to be raised

£72m – Fine handed out to Barclays by the FCA for failing to minimise the risk the bank could be used to facilitate crime

 

“We need more advisers and something will have to be done to look at where those people are coming from” – Apfa director general Chris Hannant on the first significant upward trend in adviser numbers since the RDR.

 

Originally published in Money Marketing Magazine 3rd December 2015

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Nikki joined Recruitment Connection in 2014 and undertakes industry research to provide relevant articles, information and writings for our blog.