FCA addresses market concerns over compensation hike
UK firms struggling to get PI insurance after limit raised to £350,000
UK firms struggling to get PI insurance after limit raised to £350,000
Hammer blow from St James’s Place could spell the end, as Morningstar downgrades the fund
As Financial Conduct Authority moves to prevent harm to investors
HM Treasury ordered the review after the minibond provider went bust in March
Square Mile flags significant lack of awareness and understanding of product suitability rules
Celebrity names used to dupe victims into investing in ‘scammers paradise’ cryptocurrency
It banned around 70% more people last year compared to 2017
Adviser is ‘not a fit and proper person to perform any function in relation to regulated activity’
But the FCA said more work needs to be done before it can intervene
It is investigating if regulated activities were carried out which could lead to compensation claim
They recommended pension switches and transfers to products that invested in high risk, illiquid assets
Secured Energy Bonds failed in 2015 and lost most of its investments