FCA
EEA accused of deliberately
EEA has been accused of deliberately withholding information after an action group discovered its troubled EEA Life Settlements fund is unlikely to repay outstanding portfolios.
Adviser fined 900k fine and industry
A former chairman of PFC International has had his licence revoked and been fined $900,000 for mis-selling the EEA Life Settlements Fund to clients.
EEA group slams FCA for victimising advisers
A group representing investors into the EEA Life Settlements Fund has criticised the FCA for continuing to harm advisers by encouraging complaints against them in its bombshell warning on the controversial fund last week.
Tax & Regulation | 26 Sep 14
Regulators look to behavioural science
Many regulators around the world are now looking to behavioural science to better understand how investors really behave, according to John Price, commissioner for the Australian Securities and Investments Commission.
FCA urges EEA investors to register complaints
In a highly unusual step, the Financial Conduct Authority has issued a statement urging investors in the EEA Life Settlements Fund to make a complaint to the firm which sold the investments before time runs out.