CII ‘floods’ PFS board with own directors ‘without consent’
Ex-PFS presidents call the move ‘harmful’, ‘deeply cynical’ and ‘aggressive’
Ex-PFS presidents call the move ‘harmful’, ‘deeply cynical’ and ‘aggressive’
After it reached a record low in October 2022
But the firm’s CEO tells IA they were placed on the business by the FCA on a ‘voluntary basis’
It plans to bolster its operations across Europe
And advice firm gets licence cancelled
62 investors allege they received ‘unsuitable’ pension transfer advice
As it receives funding from bank to finance its growth plans
DC schemes front and centre but scant mention of defined benefit pots
Group funds under management surpasses £13bn
He dishonestly took money from his clients
Wealthy investors are in a ‘state of paralysis’ but it is ‘not the time to shy away’
It is one of two companies that have gone bust according to the UK lifeboat scheme