PEOPLE MOVES: FSCS, Quilter, Canaccord
Management business appoints co-chief investment officers as another firm hires interim chief executive
FSCS
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Three firms declared in default
With claims being made in relation to investment advice and life insurance
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FCA bans adviser for failures in advice given to BSPS members
With the FSCS paying out over £8.4m in compensation to customers
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FCA bans two advisers over dishonest pension transfer advice
With the FSCS paying over £19m to former customers
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Just under half of Brits believe the possibility of retiring early is low
As only 37% of 18-65-year olds feel confident about planning for their later life
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Financial advice company declared in default
FSCS has received eight claims about unsuitable pension advice
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UK-based advice firm fails
FSCS has received six claims against the company
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The FCA’s action plan: How could it help cash savers?
After BofE revealed £250bn is sitting in deposits that don’t earn interest
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Three UK financial advice firms fail
FSCS has received seven claims so far against the companies
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UK regulator bans duo for British Steel Pension Scheme advice failings
Advisers will pay £155,000 in compensation
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UK-based IFA firm enters compulsory liquidation
Lifeboat scheme said it is is open to customer claims against the company
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Financial advice company fails
With the FSCS receiving claims relating to the British Steel Pension Scheme