UK watchdog eyes ban on investment platform exit fees
Investors are ‘getting shafted by poor execution, opaque funds and sneaky fees’
FCA
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UK, EU to cooperate and share information in no deal Brexit
Eiopa, the FCA the PRA and the Bank of England will ‘keep the door open’ for communication
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When diversity means business
The financial services industry has won the ‘philosophical battle’ on representation, but what’s next?
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Standard Life referred to FCA over non-advised annuity sales
£225m in redress set aside
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Advice firms interpret cost disclosure rules ‘inconsistently’
The UK’s financial watchdog has reviewed wealth managers’ performance on disclosure requirements
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Land banking scam victims urged to contact regulator
Of the £32.8m defrauded, only £2.5m has been returned to the watchdog by the firms involved
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PEOPLE MOVES: Canaccord Genuity WM, Octopus, Kingswood
CGWM bolsters its Singapore operation with Friends Provident International hire
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Pension decumulation provisions still ‘thin on the ground’
‘Technology not a barrier’ but providers need to start innovating
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Only 25% of people seek regulated advice for Sipps
A UK MP has branded the trend ‘worrying’, especially if investors don’t have a financial buffer
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Fraud centre reveals ‘shocking’ £197m losses for victims
Chameleon-like scammers are ‘adept at changing to present themselves as the genuine article’
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Two-year sentence for unauthorised UK investment firm boss
Prison term suspended with fraudster ordered to complete 300 hours of community service
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Advice business exits industry after flurry of complaints
UK ombudsman upheld a complaint in December against the firm over defunct Greyfriars fund