Tax & Regulation
Best Practice | 4 Aug 22
Regulator sets out three-pronged approach to fight pension scams
It expects industry to think of ‘innovative ways to protect savers now and in the future’
FCA bolsters supervision of appointed representatives
Many principal firms ‘do not adequately oversee’ their activities
Harlequin boss found guilty in £226m property investment fraud case
Several thousand victims lost pensions and life savings
Victims of bad pension transfer advice to receive more compensation
Proposed changes in calculation will apply to British Steel members as well
FCA mulls broadening retail access to long-term asset funds
Certain investors would need to show they understand the risks and redemption periods before investing