Is the FCA too ‘slow to act’?
Watchdog calls for end to ‘culture of looking away’
Regions
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UK regulator says tech tools aren’t a ‘silver bullet’
‘Miscalibration’ and a lack of due diligence ‘can lead to very poor outcomes’
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At least 21 pension transfer firms operated without PI cover
FCA director of life insurance and financial advice warns the regulator is taking ‘very strict lines’
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Merger of Jersey and Guernsey firms called off
They could not agree terms and said that the timing was ‘not suitable’
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Adviser policy churning sees AMP hit with nearly A$5.2m fine
One financial planner’s conduct was described as ‘morally indefensible’ by the court
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Hargreaves takes in over £300m from first Woodford payment
One multi-manager fund had more than 10% in the suspended fund
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Top UK earners fail to claim over £750m tax relief every year
‘Whole pension tax relief system a bloated expensive mess, riddled with problems and inconsistencies’
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Coronavirus is covered by most health insurers
As many providers do not require policy changes or add-ons for their clients
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Sacked Old Mutual boss takes fight to supreme court
After losing his bid to be reinstated as the firm’s chief executive
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Changes to Portugal tax rate will ‘strengthen’ its expat appeal
Still opportunities and benefits despite uplift of pension tax to 10% from zero
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Southeast Asia’s ride-hailing firm buys robo-adviser
Firm plans to launch retail wealth management and investment solutions in the region
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Second medicinal cannabis fund rolled out in Europe
It is domiciled in Guernsey with a minimum investment of £25,000