FCA to cap pension exit fees at 1%

The UK’s Financial Conduct Authority looks set to cap exit charges for existing contract-based personal pensions, including workplace personal pensions, at 1% of the value of a member’s pot.

Tax & Regulation | 25 May 16

FCA warns investment scam fraudsters targeting over-55s

The Financial Conduct Authority (FCA) has warned that Britons over-55 are being targeted by scammers, with nearly a half investing in unregulated products such as wine, diamonds and land, without getting professional advice.

Tax & Regulation | 19 May 16

Ex-Keydata employee banned by FCA but escapes £200k fine

The Financial Conduct Authority (FCA) has banned and publicly censured the former compliance officer of disgraced investment firm Keydata.

Tax & Regulation | 16 May 16

FCA fines former Towry adviser £36k for insider dealing

A British financial adviser has been fined £36,285 (€46,048, $52,086) and banned for two years for insider dealing by the UK’s Financial Conduct Authority (FCA).

Retirement | 13 May 16

UK MPs warn pension freedoms to trigger ‘mass mis-selling’

A group of British politicians has warned that the pension freedoms, which came into effect in April last year, are a “potential trigger for future mass mis-selling”.

FCA