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FCA

FSCS payments reach record high over risky Sipps investments

Tax & Regulation | 13 Jul 16

FSCS payments reach record high over risky Sipps investments

Payouts to UK consumers, aggrieved by poor life and pensions advice, have more than doubled due to an increase in high risk Sipp investment claims, new figures from the Financial Services Compensation Scheme (FSCS) show.

FCA ‘hampered’ HSBC money laundering prosecution, says report

Companies | 12 Jul 16

FCA ‘hampered’ HSBC money laundering prosecution, says report

UK chancellor George Osborne and the Financial Conduct Authority (FCA) intervened in a US investigation that could have seen Europe’s largest lender, HSBC, prosecuted for money laundering, a new report claims.

BofE considers new measures to halt property fund closures

Property | 11 Jul 16

BofE considers new measures to halt property fund closures

The Bank of England is looking to impose new measures in a bid to stem the flow of property fund suspensions in the wake of last month’s Brexit vote.

UK regulator wades in to property fund suspensions

Tax & Regulation | 8 Jul 16

UK regulator wades in to property fund suspensions

The Financial Conduct Authority (FCA) has reminded fund managers of their obligations to investors following the closure of a number of high profile property funds in the UK.

UK robo-advice financially unviable, warns investment firm SCM

Technology | 8 Jul 16

UK robo-advice financially unviable, warns investment firm SCM

UK robo-advisers are ‘wired’ to lose money and most will go bust before acquiring the sizeable assets under management needed to survive, a scathing new report has warned.

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Published by Money Map Media – part of G&M Media Ltd Copyright (c) 2024.

International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.