Tenet tidies up DB permissions
As some financial advisers in its network will no longer be able to process pension transfers
FCA
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FCA confirms ban against adviser arrested for child grooming
His appeal to have the decision overturned failed
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UK watchdogs team up to gauge value for money in DC pensions
Proposals will help consumers ‘challenge providers’ and ‘allow better comparisons between products’
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FCA injects £11m into fight against investment scams
Consumers lost £570m to fraudsters in 2020-21 alone
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FCA accused of ‘arrogance’ over LCF report response
As regulator apologises for ‘errors made in the handling of’ the mini-bond scandal
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FCA eyes faster removal of unused permissions
But watchdog cautioned against being ‘too heavy handed’
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Investment adviser sentenced to nearly 6 years in prison
FCA will ‘pursue confiscation proceedings against him in order to try and seize his illegal gains’
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FCA review of DB redress guidance is a ‘sensible measure’
Firms should ‘assess complaints about unsuitable advice fairly, consistently and promptly’
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Child-grooming financial adviser fails to overturn FCA ban
But upper tribunal judge critical of how the regulator handled the case
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British Steel IFA firm goes into liquidation
Deal to sell business and assets fell through
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High court shuts down 7 mini bond companies
For mis-selling more than £20m in loan notes and taking £2m after they were insolvent
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184 firms and individuals under FCA investigation
UK regulator received more than 2,700 allegations of misconduct from whistleblowers