Ombudsman urges firms to settle claims quickly
It secured £22m in redress for consumers as part of initiative to tackle Covid backlog
It secured £22m in redress for consumers as part of initiative to tackle Covid backlog
‘The need to take advice has never been more important’
Rates have now risen for the last four consecutive months
It no longer has to wait 12 months to take action
Regulator says come forward or miss out on compensation
Industry told to ‘seriously start looking’ at processes and ‘consider’ impact of the incoming regulation
Regulators across the bloc have started to scrutinise the practice by UK advisers
He was permanently banned from the industry for an unrelated matter in 2016
But ‘now have a much bigger incentive to put more money into their pensions’
While less than £5m has been seized in Guernsey
FCA reiterates the assets are unregulated and there are ‘no consumer protections’
And set out expectations on how information needs to be presented to retail investors