FCA
UK regulator hitting individuals with bigger fine
FCA denies changing tactics as total value of penalties drops 88% in 2018
Tax & Regulation | 7 Dec 18
FCA proposes rule change for ‘inherently risky’ products
The regulator is concerned about the ‘poor conduct’ of firms selling binary and CFD products
Half of pension transfer advice still not suitable
FCA: ‘It is unacceptable that pension transfer advice should persistently remain at such a low level in comparison to investment advice’
Retirement | 4 Dec 18
British pensioners think they are too savvy to fall for scams
But victims lost an average £91,000 each in 2017
UK investment fraudster jailed for five years
Friends and acquaintances invested nearly £3m in the ‘appalling’ scam