United Kingdom
FCA fines IFA firm over ‘unsuitable’ pension transfer advice
It has paid redress of around £2.7m to 41 customers impacted by the switch to Sipps
CII cannot ‘legally challenge’ firms faking chartered status
As spot check finds 47 advice companies on Unbiased which are not on the institute’s database
Unregulated financial adviser with six aliases banned
She was already convicted and disqualified in 2009
FCA makes mass-marketing ban for mini-bonds permanent
UK financial watchdog introduced a temporary measure at the beginning of 2020
Partial win for Quilter in legal case against former adviser
But judge rules restrictive covenants were excessive and not enforceable