Up to seven years in jail for pension mismanagement
UK to drop the hammer on ‘wilful or reckless’ behaviour by pension schemes?
Latest news
-
-
OMI reveals Middle East and Africa retail bond
The firm has rolled out the product in response to the Isle of Man’s Conduct of Business Code
-
Six international finance centres targeted by EU over tax
Pressure builds on non-EU jurisdictions ahead of publication of revised blacklist
-
Millions in power of attorney fee refunds unclaimed
Less than a fifth of the £69m pot has been paid out
-
Lombard Odier expands private bank business to Abu Dhabi
The global asset manager has been in Dubai since 2007 and is now branching out
-
Radical industry shake up proposed by Aussie Royal Commission
Changes range from criminal action in ‘fees for no service’ cases to creating a single disciplinary body
-
FCA granted transitional powers for ‘no-deal’ Brexit
UK’s financial regulator urges firms to start preparing now to comply with obligations
-
IFAs hit with £175m compensation scheme bill
Sipp complaints drive adviser levies up £45m, rise slammed as ‘unacceptable and not sustainable’
-
MetLife takes $210m hit over failed pension payments
Insurer fined nearly $20m for not paying more than 13,000 people over 25 years
-
Are women climbing the high net worth ladder?
Experts disagree on what is stopping women from breaking the wealth barrier
-
US firm fined $1bn for running a Ponzi scheme
Emergency action filed by US regulator after 8,500 retail investors were defrauded
-
Warning over legal protection for UK pension dashboard users
Calls to set up an independent government body with ‘clear statutory remit’ to protect consumers