Industry
FCA takes legal action against unauthorised adviser
Watchdog claims he has been using social media platforms to give investment advice
South African firm distances itself from WhatsApp scam
Regulator believes an individual is operating without authorisation to ‘solicit funds from consumers’
EU Commission and regulator clash over Priips
As lawmakers block reforms due to legal concerns
Life insurer expands investment opportunities for DFMs
They will be able to create bespoke portfolios and reduce expenses
Tax avoidance products ‘in decline’ across the UK
But taxman’s clampdown could see legitimate planning hit as ‘collateral damage’