Investors warned about crypto and NFT risks
FCA reiterates the assets are unregulated and there are ‘no consumer protections’
FCA
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Five ex-directors banned over unsuitable pension advice
They have also been fined over £1m in total
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PEOPLE MOVES: BennBridge, Maven Wealth, RBC WM
Investment boutique names CEO for Europe and UK, while wealth firm hires chief executive as it rebrands
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20% of advisers ‘in the dark’ about FCA Consumer Duty
Some don’t even believe ‘it will add any value to consumer outcomes’
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Hartley Pensions names CEO
Just two months after receiving a ‘no new business’ restriction from the FCA
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Wealth firm that issued mini-bonds enters administration
Around 40 clients invested roughly £4m in the absolute return forex bond
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Emergency asset retention rules hit British Steel advice firms
To ensure they don’t weasel out of paying compensation to victims
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FCA to make listed companies disclose board and C-suite diversity
‘Targets alone seldom achieve much; corporate culture change is required’
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Asset disposal ban for British Steel advice firm
Following letter from regulator warning companies to keep adequate financial resources
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SJP rolls out tools to help vulnerable clients
‘Increasing regulatory pressure’ has made it more important advisers have access to resources
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UK trade body calls for pensions dashboard ‘grace period’
April 2023 deadline does not give providers enough time to live test
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UK watchdogs wary P&O pension scheme will be British Steel 2.0
They are urging anyone who was made redundant to seek financial advice