Alarmed FSCS says bad advice responsible for 80% of claims
Tackling the problem can ‘sustainably reduce the levy over the long term’
Tax & Regulation
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FCA fees increase by £17.2m
As regulator looks to reduce sums paid by smaller firms and appointed representatives
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Aussie regulator freezes assets of director and his four firms
They allegedly obtained A$2.5m by misleading investors
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What is the future of the UK non-dom status?
Labour Party is likely to change the rules if it wins the next general election
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83% of pension transfer requests raise red flag warnings
Rates have now grown for the past five consecutive months
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Give more money to fraud victims, says UK prosecution service
Current legislation limits how much compensation can be paid out
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UK regulator places restrictions on IFA firm
Watchdog says the company had taken unauthorised fees from some of its clients
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Advice firm under investigation over pension transfers
It failed to pay compensation as ordered by the Financial Ombudsman Service
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FCA turns to tech in fight against scams
It allows the regulator to scan 100,000 websites every day
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25% of UK advisers unaware of incoming Consumer Duty rules
Platform providers in demand to help deal with the changes
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Australian pension firm fined for false marketing
It misled clients about property investment returns
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Ex-Barcelona footballer pleads guilty to tax fraud in Spain
He will pay back the money he owes as well as a €1.8m fine