FCA stops pension firm from accepting new business
Restriction will stay in effect until the regulator ‘is satisfied that it can be lifted’
FCA
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FCA blocks 25% of firms from consumer investment space
Some were suspected of attempting to phoenix
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Call for FCA to give evidence to Treasury over LCF failings
Campaigner Gina Miller accuses regulator of acting ‘illegally and illicitly’
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What do advisers want from the FCA consumer duty reform?
Industry supportive of move but implementation timeline is ‘challenging’
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FCA slammed over handling of mini-bond compensation
Including criticism of its complaints scheme under which redress ‘will never be available’
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British Steel advice firm stopped from disposing of assets
Regulator says company ‘appears to have paid dividends’ rather than retaining funds for potential redress
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PEOPLE MOVES: One Four Nine Group, ANZ, Titan Wealth
Advice consolidator names CFO, as bank makes c-suite change
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FCA urges caution for firms using influencers for financial ads
It recommended investment companies take legal advice before using them in their promotions
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Over 1,000 firms exit DB advice space in two years
Companies risk ‘dramatic’ financial impact for clients if transfer goes wrong
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UK Sipp operator enters administration
Regulator warns clients to ‘remain alert to the possibility of fraud’
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FCA removes permissions from two UK firms
Regulator warns investments ‘may not be protected’ and clients could ‘lose all’ of their money
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UK regulators join forces to improve outcomes for consumers
It is a ‘significant step forward’ for the industry