FCA
Financial planning | 30 Sep 24
Advice use among drawdown customers slumps to below 50% for first time, FCA data reveals
Only 46% benefited from professional financial advice
London wealth adviser goes into administration
Its clients have been transferred to another business
FCA brings first ever charges over illegal crypto ATMs
The charges follow the FCA’s recent operation to tackle illegally operated crypto ATM
FCA bans four for ‘reckless’ pension transfer advice
They were collectively fined £590,544, three have referred the FCA’s decision to the Upper Tribunal
FCA to launch selling probe into commission practices on protection products
The FCA will focus primarily on the sale of four specific types of products