Latest news with #FCA-regulated
Korea Herald
a day ago
- Business
- Korea Herald
Ultima Markets Secures FCA Licence to Support UK Expansion
EBENE CYBERCITY, Mauritius, Aug. 11, 2025 /PRNewswire/ -- Ultima Markets, a globally trusted CFD broker for online trading, has secured the regulatory licence to operate under the United Kingdom's Financial Conduct Authority (FCA). This acquisition marks a significant step in Ultima Markets' strategy to establish a regulated presence in the United Kingdom (UK). The UK is a key global financial hub with an estimated 19 million and growing active traders in 2024. The FCA has rules and regulations that emphasize transparency and consumer protection. "We're incredibly proud to take this step," said Gareth Derbyshire, spokesperson for Ultima Markets. "Becoming FCA-regulated reflects our long-term commitment to the UK and its regulatory standards. It sets the tone for what UK traders can expect from us: transparency, integrity, and a clear focus on their trading experience." Ultima Markets plans to onboard UK clients from 2026 and is slated to launch a localised offering that includes a dedicated website, enhanced compliance systems and platform features tailored to FCA standards. "We are taking every measure to meet expectations in full," Derbyshire added. "That means more than just ticking boxes. Our products, education and support are being designed and built for UK traders." UK traders can look forward to access to Ultima Markets' full range of CFD instruments, including forex, indices, commodities, and shares, trading on leading platforms like MetaTrader 4 (MT4). Through Ultima Markets' Trading Academy, traders of all levels will also be empowered to take control of their trading goals by developing practical skills and financial literacy. Founded in 2016, Ultima Markets is regulated by the Financial Services Commission in Mauritius, and recognised for its fast execution, deep liquidity, and diverse trading tools. Ultima Markets is also the first CFD broker to join the United Nations Global Compact, embedding responsible business practices into its operations and advancing sustainability education through its Ultima Impact Foundation. is a licensed, award-winning, multi-asset broker offering access to over 250 CFD instruments across forex, commodities, indices and shares. The company was recently awarded Most Advanced Multi-Asset Trading Platform Europe 2025 and is the first CFD broker to join the UN Global Compact.
Cision Canada
a day ago
- Business
- Cision Canada
Ultima Markets Secures FCA Licence to Support UK Expansion
EBENE CYBERCITY, Mauritius, Aug. 10, 2025 /CNW/ -- Ultima Markets, a globally trusted CFD broker for online trading, has secured the regulatory licence to operate under the United Kingdom's Financial Conduct Authority (FCA). This acquisition marks a significant step in Ultima Markets' strategy to establish a regulated presence in the United Kingdom (UK). The UK is a key global financial hub with an estimated 19 million and growing active traders in 2024. The FCA has rules and regulations that emphasize transparency and consumer protection. "We're incredibly proud to take this step," said Gareth Derbyshire, spokesperson for Ultima Markets. "Becoming FCA-regulated reflects our long-term commitment to the UK and its regulatory standards. It sets the tone for what UK traders can expect from us: transparency, integrity, and a clear focus on their trading experience." Ultima Markets plans to onboard UK clients from 2026 and is slated to launch a localised offering that includes a dedicated website, enhanced compliance systems and platform features tailored to FCA standards. "We are taking every measure to meet expectations in full," Derbyshire added. "That means more than just ticking boxes. Our products, education and support are being designed and built for UK traders." UK traders can look forward to access to Ultima Markets' full range of CFD instruments, including forex, indices, commodities, and shares, trading on leading platforms like MetaTrader 4 (MT4). Through Ultima Markets' Trading Academy, traders of all levels will also be empowered to take control of their trading goals by developing practical skills and financial literacy. Founded in 2016, Ultima Markets is regulated by the Financial Services Commission in Mauritius, and recognised for its fast execution, deep liquidity, and diverse trading tools. Ultima Markets is also the first CFD broker to join the United Nations Global Compact, embedding responsible business practices into its operations and advancing sustainability education through its Ultima Impact Foundation. About Ultima Markets
Scottish Sun
15-07-2025
- Business
- Scottish Sun
Big savings boost for millions as ‘game changing' pension rules confirmed by government
Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) HOUSEHOLDS will get new support to help them boost their savings under new government and watchdog plans announced today. Previously savers who had cash with pension and investment firms couldn't get help with where to put their money without paying for financial advice. Sign up for Scottish Sun newsletter Sign up 1 Millions of savers will get extra support with their finances under the plans But under huge new plans announced today by the Treasury and the Financial Conduct Authority (FCA) financial firms will be able to give "targeted support" to savers. This will help them to decide where to invest their money to get the best return. Firms will also be able to make recommendations to customers based on groups of similar people in comparable circumstances. The Sun first revealed the proposals exclusively last August. The plans will help people to understand how to make the most of their pensions. Many people are not saving enough for retirement and need more help to prepare to stop working. Most people with a pension that is run by an FCA-regulated firm access their pension pot without taking financial advice or guidance, the regulator said. The Treasury intends to bring in the changes with a Statutory Instrument, which is a way to introduce and refine laws without needing to create a new Act of Parliament. This is often quicker than trying to pass a new law. The changes come after warnings from the Treasury and FCA that too few people are able to get the help they need to manage their finances. Fewer than 9% of adults accessed financial advice in the year to May 2024. Meanwhile, many are turning to informal and unregulated sources of advice, including social media. Estimates suggest that 13million people are not investing where they could be. Plus, £430billion is being held in cash, even after taking out emergency savings. What are the different types of pensions? WE round-up the main types of pension and how they differ: Personal pension or self-invested personal pension (SIPP) - This is probably the most flexible type of pension as you can choose your own provider and how much you invest. - This is probably the most flexible type of pension as you can choose your own provider and how much you invest. Workplace pension - The Government has made it compulsory for employers to automatically enrol you in your workplace pension unless you opt out. These so-called defined contribution (DC) pensions are usually chosen by your employer and you won't be able to change it. Minimum contributions are 8%, with employees paying 5% (1% in tax relief) and employers contributing 3%. - The Government has made it compulsory for employers to automatically enrol you in your workplace pension unless you opt out. These so-called defined contribution (DC) pensions are usually chosen by your employer and you won't be able to change it. Minimum contributions are 8%, with employees paying 5% (1% in tax relief) and employers contributing 3%. Final salary pension - This is also a workplace pension but here, what you get in retirement is decided based on your salary, and you'll be paid a set amount each year upon retiring. It's often referred to as a gold-plated pension or a defined benefit (DB) pension. But they're not typically offered by employers anymore. - This is also a workplace pension but here, what you get in retirement is decided based on your salary, and you'll be paid a set amount each year upon retiring. It's often referred to as a gold-plated pension or a defined benefit (DB) pension. But they're not typically offered by employers anymore. New state pension - This is what the state pays to those who reach state pension age after April 6 2016. The maximum payout is £203.85 a week and you'll need 35 years of National Insurance contributions to get this. You also need at least ten years' worth to qualify for anything at all. - This is what the state pays to those who reach state pension age after April 6 2016. The maximum payout is £203.85 a week and you'll need 35 years of National Insurance contributions to get this. You also need at least ten years' worth to qualify for anything at all. Basic state pension - If you reach the state pension age on or before April 2016, you'll get the basic state pension. The full amount is £156.20 per week and you'll need 30 years of National Insurance contributions to get this. If you have the basic state pension you may also get a top-up from what's known as the additional or second state pension. Those who have built up National Insurance contributions under both the basic and new state pensions will get a combination of both schemes. Experts have hailed the move as a major step for savers. Tom Selby, director of public policy at AJ Bell, said: "Targeted Support could be a game changer for Brits, enabling millions of people to get more useful help about saving and long-term investing. "This should ensure millions of people are better prepared, from building a rainy-day pot to saving for retirement.' Mike Barrett, consulting director at The Lang Cat, agrees and described the announcement as "a real positive step forward". He said: "Customers will be able to call their provider directly to ask for help. "The provider will be able to monitor your pension to check if you are in an expensive fund, not on track or withdrawing too much from your pot. There will also be lots of regulatory protection." The announcements are part of a wider government plan to help people make the most of their money. The FCA is working on reforms to help the public understand the risks and benefits of investing. It is also working to reform pensions in order to make sure people have enough money in retirement. Meanwhile, it is also developing a strategy to combat the barriers that stop savers from accessing the right financial products and services. How will the changes work? Banks will let customers know when there is an opportunity to move their money from a low-return current account to higher-performing stocks and shares investments. The firms will need to explain the nature and limitations of the service they are providing. This will help customers to understand they are not receiving a more personal type of advice. Customers will be warned of the risks when investing, which will help them to judge where best to put their money. They will also be guided through the different investments on offer, which often puts savers off investing. Firms that offer targeted support will be subject to special conduct standards, which are designed to protect customers. They will need to apply to the FCA or the Prudential Regulatory Authority (PRA) before they can offer targeted support. This will give both regulators the chance to check that a firm meets the criteria to offer the support. Who will benefit from them? The Treasury said the changes will help three key groups of investors. People who are not saving enough for retirement Currently firms can warn customers that they may not be saving enough for retirement. But through targeted support firms will be able to suggest an alternative pension contribution rate. The firms will also be able to help customers choose between their options when they are close to retiring. Consumers who are struggling to access their pensions At the moment firms can give savers factual information about their retirement options. For example, they can explain the key features of an annuity or pension drawdown. But under targeted support firms will be able to suggest a course of action, such as a certain investment product. New investors The plans will also allow firms to help those with substantial savings to consider investing. It will be able to suggest investment products to help customers get started. What else has been announced? Alongside the introduction of targeted support, the FCA has also published several other proposals. It wants to simplify its advice rules to make clear the difference between simplified and more widespread advice. This will give firms confidence that they can provide simple, focused advice to customers who have straightforward needs. It also wants to improve its guidance on what counts as advice. This will help firms to understand the opportunities they have to give customers support that does not count as advice. Do you have a money problem that needs sorting? Get in touch by emailing money-sm@ Plus, you can join our Sun Money Chats and Tips Facebook group to share your tips and stories
Time Business News
04-07-2025
- Business
- Time Business News
BTC Miner launches other cryptocurrencies to participate in mining
Bitcoin is still the king of cryptocurrencies. Everyone wants a piece of the pie, but mining in the traditional way is difficult. You need to buy expensive hardware, pay endless electricity bills, and constantly upgrade. In addition, the volatility of cryptocurrencies also makes solo mining riskier. Because of this, thousands of people choose BTC Miner, a more advanced cloud mining platform that can do all the heavy work for you. At BTC Miner, you don't need to buy any machines to start earning up to $100,000 in passive income every day. From that moment on, your mining will be fully automated. You can view your daily profit growth in real time on your personal dashboard. No complicated software, no tedious maintenance work, just easy and convenient daily income. Multiple solutions to meet the needs of every investor Whether you are a cryptocurrency novice or an experienced investor, BTC Miner can provide you with a suitable solution. The platform offers a variety of mining contracts to suit different budgets and profit goals. You can start small and expand as your profits grow. BTC Miner allocates dedicated computing power from its high-tech global data centers to each contract, allowing you to mine at the highest efficiency without any effort. Quick registration, easy profit Getting started with BTC Miner takes less than 5 minutes. Here are the steps: 1. Free registration Got create your account. It's free and fast. Get $500 mining rewards now Catch a $2 risk-free contract every day – start making money immediately without investing 2. Choose your mining plan Browse the available contracts. BTC Miner lists the expected daily profit for each plan, so you can choose with confidence. 3. Earn money with peace of mind Once you activate the contract, BTC Miner's powerful system will start mining for you. Your Bitcoin earnings will grow every 24 hours. Awesome Referral Program to Help You Double Your Income Earn up to $50,000 in Rewards BTC Miner not only offers mining benefits, but also a powerful referral program to help you double your income. Here's how it works: Every time a friend you invite invests in a mining contract, you will receive a certain percentage of the profits. As long as they continue to mine, you will continue to receive passive income. You don't need to make an additional deposit to benefit. Simply share your unique link to help your network start to make money, and watch your commissions grow in tandem with your own mining profits. Security and transparency for long-term success Security is at the heart of the cryptocurrency world. That's why BTC Miner goes to great lengths to keep your funds safe. The platform is FCA-regulated and has multiple layers of security measures to ensure that your transactions and data are always protected. BTC Miner also adheres to clear and transparent operations. Real-time data on mining activities is available on your dashboard. You can track the performance of your contracts day by day, without hidden fees or unexpected charges. 24/7 customer support Need help or have questions? BTC Miner's dedicated support team is available 24/7. Whether it's choosing a plan, tracking your earnings, or asking for referrals, you'll get quick and helpful answers. Want to withdraw or reinvest? Withdrawals are instant and your funds are always available. Ready to start your Bitcoin earnings journey? Why should the profits of cryptocurrency be reserved for big companies or tech insiders? BTC Miner opens the door for everyone to share in Bitcoin mining rewards without all the usual hassles. Visit today to create your free account and start earning Bitcoin every day. Also check Newsvard Don't just sit back and watch Bitcoin grow – start mining smarter today! Contact our team directly at info@ TIME BUSINESS NEWS
Entrepreneur
13-06-2025
- Business
- Entrepreneur
Entrepreneur UK's London 100: Loan Tube
Industry: Fintech For too long, the UK lending market has been riddled with confusion, hidden fees and unfair lending practices. LoanTube is the UK's first loan comparison marketplace where consumers receive real, pre-qualified unsecured loan offers. There are no misleading teaser rates and no bait-and-switch tactics, ensuring borrowers have complete clarity, choice and control over their financial decisions. Today, LoanTube processes over 300,000 loan applications every month and works with over 30 FCA-regulated lenders. Looking ahead, LoanTube is pioneering AI-driven lending solutions and expanding into embedded finance, ensuring a future where borrowing is seamless, transparent and even more accessible.
