FCA
Regulation | 19 Dec 24
FCA charges Wealthtek principal partner with £64m fraud
Approximately 84% of people affected will be compensated in full, the FCA said
Regulation | 17 Dec 24
Two advisers appeal ban over ‘flawed’ pension transfer advice
The FCA said the pair operated a flawed advice model that put clients’ guaranteed pension benefits at significant risk
Retirement | 12 Dec 24
FCA ‘revolutionary’ support plan for pension decisions is ‘step in right direction’
75% of consumers, aged over 45, do not have a clear plan for how to take money from their pension
FCA bans duo for ‘recklessly breaching’ advice firm’s asset requirement
The firm’s bank accounts held no funds for customers who were owed redress
FCA bans and fines insurance broker director £1.1m for ‘misusing money’
The regulator said this action ‘shows how seriously we take individuals who abuse their position for personal gain and risk damaging the integrity of the UK’s financial system’