United Kingdom
Best Practice | 21 Jan 19
Zombie drawdown pensioners risking retirement savings
It would take a mini market crash to push people to take action
Hundreds of millions lost to UK pension scams
Insolvency Service wound up 24 firms in four years, with victims losing £202m in pension contributions
FCA warns consumers on misleading ads for over-50s life cover
It says adverts promoting product features should be presented in a ‘fair, clear, and non-misleading way’
Nearly half of Brits expect worse financial crash than 2008
Wealth management boss warns ‘2019 already looks set to be a challenging year for investors’
Disgraced UK investment firm execs to pay £80m fine
Ex-Keydata bosses given 16 days to pay or the regulator will take steps to recover the debt