Half of pension transfer advice still not suitable
FCA: ‘It is unacceptable that pension transfer advice should persistently remain at such a low level in comparison to investment advice’
FCA
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British pensioners think they are too savvy to fall for scams
But victims lost an average £91,000 each in 2017
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UK investment fraudster jailed for five years
Friends and acquaintances invested nearly £3m in the ‘appalling’ scam
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FCA takes legal action against pension firm
The regulator said Avacade conducted ‘regulated activities’ without permission and ‘misled’ clients
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Tribunal backs FCA decision to fine Keydata pair millions
Keydata’s chief executive and sales director found to have ‘acted without integrity’
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UK launches agency to fight economic crime
Launch of National Economic Crime Centre aims to prevent criminals benefiting from illicit finances
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Hong Kong and UK regulations clash
Some retail funds in Hong Kong do not meet UK requirements for local distribution under new agreement
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FCA complaints hit record high of 4.13 million
Phoenix and Share Centre most complained about for investments and pensions, respectively
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UK regulators team up to tackle pension scams
Just a quarter of Brits are confident about picking a pension product
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UK Treasury urged to probe FCA over Mifid II failings
Wealth management firm co-founder Gina Miller slams regulator as the ‘industry lapdog’
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UK and Hong Kong regulators open up retail fund sales
Investors in both markets will have greater choice
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UK regulator shelves contingent charging ban for DB pensions
Industry split as contingent charging likened to commission