Fine

Companies | 6 Dec 17

The Financial Conduct Authority has fined Bluefin Insurance Services for failing to inform customers about its independence in a way that was clear, fair and not misleading while it was owned by Axa UK.

Tax & Regulation | 29 Sep 17

Poorly resourced firms are at the greatest risk of being hit with big fines for infringing Brussel’s new data rules, according to Mazar’s chief investment officer David Baker.

Best Practice | 21 Sep 17

Financial advisers will have to do a “significant amount of legwork” if they are to comply with new data rules, or face a big fine, according to an expert.

Tax & Regulation | 9 Aug 17

An appeal by the former chief executive of an adviser network to overturn a ban on having any ‘significant influence’ on any regulated activity has been struck down and a fine upheld by the UK’s Upper Tribunal Tax and Chancery Chamber.

Tax & Regulation | 14 Jul 17

The UK watchdog has fined a compliance oversight officer after two companies he worked for gave unsuitable advice to around 500 customers who transferred £12.7m ($16.4m, €13.6m) out of their DB pension schemes.