FCA warns over high debt levels and conflicts of interest among advice consolidators – International Adviser

The Financial Conduct Authority (FCA) has warned over high levels of debt and conflicts of interest following a review of consolidation in the financial advice and wealth management sectors. In its review findings, published today, the regulator raised concerns over the fact that many financial advice consolidators fund their acquisitions with high levels of debt.…

American Credit Card Debt Is Huge

One of the greatest challenges currently facing the United States is the massive amount of credit card debt that American families are facing. According to the Federal Reserve Bank of New York 2025 Report, credit card balances are now $1.21 trillion in aggregate. The Fed report continues on that total household debt increased by $185…