17 investment firms blocked by FCA due to phoenixing fears
As executive director of enforcement and market oversight steps down after seven years at UK regulator
Phoenixing
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Advice trade body calls for reform of UK lifeboat scheme
Phoenixing is allowing ‘firms that simply should not be in business’ to transfer compensation burden
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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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Dearth of DB schemes to hurt retirees
As unsuitable transfers could mean up to £20bn in lost income over five years
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UK regulator cracks the whip at pension transfer rogues
It banned around 70% more people last year compared to 2017
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Phoenixing financial services firms to feel the heat
UK watchdog and partners to tackle firms and individuals deliberately avoiding liabilities
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Strabens Hall claims PI payout ends insolvency threat
International IFA firm Strabens Hall says it no longer faces “inevitable insolvency” due to £1m in claims over ill-fated investments in the collapsed Connaught Income funds after reaching an agreement with its professional indemnity insurer.