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Financial Planners face 4.9% FCA fee increase

The FCA is proposing to increase its minimum and flat rate fees, as well as application fees, by an average 8.75% which could mean Financial Planners facing an overall hike in charges of 4.9%.

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4 charged over suspected £3.9m water investment scam  

The FCA has charged Bruce Rowan, David Simmons, Robert Sweeney and Justin Russell with multiple counts of conspiracy to commit fraud by false representation after they allegedly ran an unauthorised investment scheme accused of defrauding investors out of £3.9m.  

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FCA steps up focus on preventing harm in 2024/25

The FCA has set out its business plan for 2024/25, promising to continue to focus on preventing serious harm to consumers, setting higher standards and promoting competition.

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Convicted money launderer's family pays up

Convicted money launderer and ex-solicitor Dale Robert Walker, 64, has satisfied a confiscation order after a member of his family paid £33,500 outstanding from £716,719 he was ordered to repay due to his criminal activities relating to an investment scheme.

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