invesco perpetual fined 186m by fca
Invesco Perpetual has been fined nearly £19m by the Financial Conduct Authority for “exposing investors to greater levels of risk than they had led to believe”.
FCA
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fca appoints former lehman brothers
The UK's Financial Conduct Authority has appointed two senior advisers, one of them a former managing director at Lehman Brothers.
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advisers banned for misleading thousands
The Financial Conduct Authority (FCA) has imposed an industry ban on two financial advisers after they lost almost two thousand customers money by convincing them to invest in high risk, unregulated products.
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fca warns pension industry not to
Financial advisers and pension providers are being told not to put customers at a disadvantage when they are making decisions about their retirement income, following last month’s reform.
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fca issues pension reform regulation
Financial Advisers and Pension Providers are being told not to put customers at a disadvantage when they are making decisions about their retirement income following last months reform.
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many advisers failing to disclose fees fca
Almost 60% of firms are failing to give clients clear, upfront information on how much their financial advice will cost, according to a report from the FCA.
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george osborne slams fca for damage to
The UK chancellor has said he is profoundly concerned with the FCA after its leaked inquiry announcement on Friday caused stocks in insurance companies to plummet.
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fca faces heavy criticism over inquiry
The board of the FCA has said it will look into how the UK regulator handled plans to investigate the treatment of long standing customers of life insurance companies, following resignation calls for its chief executive over the incident.
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fca to investigate long term exploitation
The Financial Conduct Authority (FCA) is to investigate concerns that insurance providers are treating longstanding customers unfairly.
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uks fscs looking into uk advisory firm
The UK’s Financial Services Compensation Scheme says it is “continuing to investigate” claims against TailorMade Independent, a UK advisory firm, to determine its “involvement in advising its clients to transfer existing pensions into Self Invested Personal Pensions” that were then invested in risky products.
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UK fraudster sentenced to seven years
Bournemouth's Benjamin Wilson has been sentenced to seven years imprisonment for defrauding investors of more than £21m.
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FCA fines State Street in mark-ups case
State Street UK has been fined £22.9m by the FCA having been found to have deliberately charged clients substantial mark-ups on transactions on top off agreed fees and commission.