Investment projections should mirror ‘product potential’
When returns are low, ‘firms should already be using rates that are below the cap’, FCA says
FCA
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FCA eyes powers to shut down firms faster
They will help consumers ‘avoid financial harm such as scams’
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FCA urges British Steel DB victims to claim compensation
Even those happy with the transfer encouraged to come forward
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Have long-term low rates skewed investment projections?
‘It is vitally important they are realistic, understandable and consistent’
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Patience wearing thin with FCA’s ‘snail pace’ Woodford progress
Watchdog must ‘recognise its own failings in this saga and not just act as judge, jury and executioner’
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S African firm to pay £61.9m to cover ‘errors’ at UK arm
It was sold nearly a decade ago but enhanced transfer value liability remains
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FCA Woodford decision not ready until end of year
Regulator claims to have made ‘substantial’ progress on investigation
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Mass UK adviser exit fails to materialise
A sharp 60% drop had been expected post-RDR, Keith Richards says
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Second Cyprus firm stopped from flogging CFDs to UK investors
Regulator ‘identified serious concerns’ such as ‘failing to allow customers to withdraw funds’
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UK regulator cancels permissions of IFA firm
After it ‘failed’ to comply with two compensation awards and demonstrate it had valid PI cover
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UK regulator takes adviser to court over defrauding creditors
He is also accused of carrying out regulated activities without authorisation
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Latest call for input evidence pensions still too complex
Disengaged investors more susceptible to scams and remain in poor performing products