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“Holborn Financial Acquires IFA in Second Purchase”

Holborn Financial, a Wimbledon-based IFA firm, has announced its second acquisition of the month with the purchase of Gary Cook Financial Services in Maidstone, Kent. This follows their recent purchase of Kingsley Financial Management in Whitchurch, and demonstrates their strong commitment to growth and expansion. Managing Director Tariq Hussain expressed enthusiasm for the acquisition, noting that it provides an opportunity to expand services and acquire new clients. The acquisition comes at a time of change and uncertainty in the financial services industry, but Holborn is well positioned to capitalize on the opportunities that lie ahead. By expanding their capabilities and client base, the company is committed to providing high-quality advice and support to their clients.

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Ex-Hargreaves Lansdown Exec Named AJ Bell Chair

appointment as AJ Bell's new non-executive chair will help the company to capitalise on the growth potential in the investment platform market. With her extensive experience in the financial services industry, strong leadership skills, and commitment to innovation, she is the perfect candidate to help the company continue to grow and innovate in the years ahead.

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Iress Restructure to Cut Staff by 10%

Iress has announced plans to reduce its global workforce by 10% as part of a business restructuring to increase efficiency and focus. This will involve targeted roles in an overhaul of the company's operating structure and senior leadership teams. The changes are part of a strategy to position Iress for long-term growth and success, and to better serve clients and customers. The company is investing in its operations, systems, and technology to remain agile, responsive, and competitive in a dynamic market environment. Iress is committed to supporting its staff, providing assistance and resources to help those affected by redundancy to find new roles or other career opportunities.

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CII Launches 5-Year Plan to Attract Members

infrastructure. The CII has launched a five-year strategic plan focused on boosting membership, delivering world-class qualifications, and addressing historical IT issues. The plan emphasizes the value of membership, with initiatives to enhance engagement and support, as well as modernizing the CII's IT infrastructure. The CII is committed to helping its members stay at the forefront of a rapidly changing industry.

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10 Reasons why Consumer Duty isn’t TCF Rebrand

represents a significant shift in the way that firms are expected to treat their customers, with a greater emphasis on proactive engagement and outcomes-based regulation. The new regulation requires firms to take an active role in ensuring that customers are treated fairly, and is more focused on delivering positive results than the previous TCF scheme.

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Nucleus Appoints Justin Tovey as CRO

Nucleus Financial Platforms has appointed Justin Tovey as its new Chief Risk Officer, bringing with him a wealth of experience and expertise from his previous roles at River and Mercantile Group, Old Mutual Wealth, PWC, and Scottish Widows. Tovey will oversee Nucleus's risk management framework and ensure the highest standards of regulatory compliance and customer protection. His appointment comes at a time when the financial services industry is facing heightened regulatory scrutiny and a rapidly evolving risk landscape. Tovey's appointment will help strengthen Nucleus's risk management capabilities, allowing it to continue to provide excellent service to its clients and customers.

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