FCA
Attack of the clone firms cost investors £78m in 2020
‘No surprise mendacious fraudsters have ramped up attempts to swindle hard-working people’
Best Practice | 26 Jan 21
Brooks Macdonald International issues scam warning
It is targeting investment management clients
Disbelief as UK lifeboat scheme levy forecast to hit £1bn
As regulators also eye increase to FSCS management budget
50% drop in firms with DB permissions in two years
Of the 1,310 companies giving pension transfer advice – 9% had no PI cover
FCA refuses to authorise more than 340 firms
As it prevents 12 financial advice companies from phoenixing