Pension scheme fraudster jailed for 40 months
Rise of sinister scams ‘is a serious stain on society and needs eradicating’
Tax & Regulation
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FCA under scrutiny over handling of failed firm
Investigation will also focus on the regulation on purchase of mini-bonds by retail investors
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Advice firms get 5 days to tell FCA about inadequate PI cover
As ombudsman compensation limit more than doubles to £350,000 from 1 April 2019
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Over 125,000 people have lost money to pension scams
Around a quarter of a million retirees have been contacted by fraudsters at least once
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UK regulator logs 31% drop in misleading adverts
FCA said its powers are an ‘effective deterrent’ but it still has four requests a week, on average
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Claims management companies fall under UK watchdog
But won’t have to contribute to Financial Services Compensation Scheme (FSCS) levy
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Advisory firm boss charged with stealing $6m
He also defrauded investors by inflating their bills
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UK regulator bans ‘inherently flawed product’
Move could save investors up to £17m a year and reduce risk of fraud
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EU demands members ‘phase out’ golden visas
The schemes jeopardise and pose security risks to the bloc, European Commission says
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Pension provider fined £40k for spam email strategy
The UK’s information watchdog said activity ‘fell foul of the regulations’
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Is it high time we invested in cannabis?
‘Brand new industries are not born in front of us very often’
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Lumiere Wealth compensation comes up short
Confiscation order against former chief executive not enough to fully pay back victims