£116,000 fine and ban for ‘reckless’ pension switching advice
Nearly 50% of client’s retirement pots invested in a high-risk strategy
Author: Kirsten Hastings
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Aviva completes France and Italy sales
In the year since joining, group chief executive Amanda Blanc now presides over a much changed company
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People Moves: CII, STM Group, Brown Shipley
Professional body confirms CEO’s departure date, while financial services group names CFO successor
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English football team issues bond to build training ground
A 25% bonus will be paid if it is promoted to the Premier League
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Dawn raid at firms involved in £150m investment schemes
Which took money from 1,500 investors across roughly 50 countries
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Men and over 45s most likely to panic sell investments
MIT academics define the phenomenon as ‘freaking out’
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Evergrande looks to offload life arm to help settle debts
As it confirms sale of nearly 20% stake in Chinese bank
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French court delays verdict in UBS €4.5bn fine appeal
It is seeking to overturn a 2019 ruling that it helped wealthy clients hide assets offshore
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FEIFA membership hits 70 firms
Chief executive says growth reflects ‘increasing professionalism of the advice sector’
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28-month jail term for forging trust deed
In a bid to minimise restitution payments to investment scam victims
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Forthplus Sipp remains shuttered
As it is forced to cancel pension transfers currently in progress
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FCA trawls for information on Ark pension schemes
Clients of AES Financial Services/IPTS, as well as those from PPS and PPT, have been contacted