UK ombudsman unveils pensions dishonesty unit
To investigate breaches of trust, misappropriation of funds and fraud by scheme trustees
To investigate breaches of trust, misappropriation of funds and fraud by scheme trustees
It is a ‘significant step forward’ for the industry
They were promised ‘misleading’ fixed returns
Industry believes it may take a while for the structures to gain international recognition
FCA particularly concerned about schemes involving consumer redress
Advice group explains how it will affect UK expats
Index-linked products ‘could prove to be a particularly popular recommendation’
It claims this will have ‘potential wider repercussions’ for the industry
Bogus email claims to be from a director of the defunct investment firm
Watchdog has already cancelled the temporary permissions of four firms
But changes ‘won’t stop the outright scams that have exploded off the back of Bitcoin’
Savers deemed retirement system a ‘minefield’ as they struggle to understand how it works