Lifeboat scheme U-turn over British Steel mis-selling scandal
FSCS offers additional compensation to those ‘let down’ by Active Wealth
FSCS offers additional compensation to those ‘let down’ by Active Wealth
High cost and lack of availability of PI cover, more Sipp complaints and FCA scrutiny are big factors
Could the UK pose a threat to the Channel Islands’ position as an offshore investment hub?
Study shows ‘worrying picture of the UK’s financial health’ and people’s ‘ability to manage money’
Joint venture is expected to transform Virgin Money’s retail investment proposition
Number of people investing up but risk of ‘poor value’ services still high Click through the slides below to see the key concerns flagged up by the Financial Conduct Authority.
However ‘threat of breaches is increasingly being discussed at a board level’ at wealth firms
UK watchdog sent a letter after concerns about potential ‘unlawful’ promotion of financial products
But platforms need to offer enough choice or investors could misconstrue buy lists as advice, says Fundscape CEO
Delay ‘comes with a cost’ as lack of investment and uncertainty will linger, but the firm says no-deal is not on the table
Manx Insurance Association chairman replaced, while Merian and Metlife make CEO changes
UK companies may face fines of up to £500,000 but overseas firms are exempt from the ban