UK regulators join forces to tackle coronavirus pension scams
Investors told to ‘reject all unexpected and unsolicited offers’
FCA
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UK regulator red flagged five acquisitions in 2019
And stopped even more through informal discussions with firms
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FCA halts 10% drop rule amid coronavirus pandemic
‘They can increase customer anxiety and are a blunt instrument’
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Watchdog warns of ‘opportunistic’ covid-19 scammers
Consumers have already been contacted by fraudsters looking to steal their money
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Calls for 4-month waiver for advice firms seeking PI insurance
As the sector continues to struggle to deal with issues arising from covid-19
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UK regulator to support struggling advice businesses
As it postpones publication of policy paper because of covid-19
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FCA fines adviser over unsuitable £112m pension transfers
He failed to fully understand the underlying products customers were investing in via their Sipp
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Maximum ombudsman compensation limit to rise to £355,000
Changes to start on 1 April
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Scammers target ex-clients of two firms over pension transfers
Offering them help for an upfront fee
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UK regulator rejects 30 robo-advice applications
A quarter of those seeking to roll out digital tools to market
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Is the FCA too late to act on phoenixing?
Calls for more scrutiny of advisers setting up firms when they have existing licences
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UK regulator probes 125 advisory firms on suitability
Focusing on clients receiving advice on income in retirement