FCA
UK regulator slammed over failure to protect consumers
Gina Miller says FCA boss’ tenure a ‘toxic cocktail of negligence, incompetence and indifference’
Fix retirement advice sector, industry and government told
Some 40% of flexible income withdrawals were at an ‘unsustainable annual rate of 8% and over’
UK financial adviser banned for life
After he was convicted of stealing £2.1m in client funds
Mini-bond victims take legal action against lifeboat scheme
But FSCS denies wrongdoing, stating it has sought legal advice on the ‘complex and sensitive case’
Dearth of DB schemes to hurt retirees
As unsuitable transfers could mean up to £20bn in lost income over five years

