A financial adviser was among six people arrested as part of an investigation into a suspected £4 million Pay As You Earn tax evasion and money laundering fraud.
Fines worth just under £170,000 were handed out to firms for auto-enrolment failings in the 12 months from April 2014.
A pension advisory business has reported 11 possible pension scam companies that are appearing in Google ads or search results.
A leading Paraplanner has called for his profession to “start shouting more widely about what we do”.
A fourth London Paraplanners Powwow is in the offing, organisers say, as advisers were told they could learn a lot from the rapidly expanding movement.
Jargon must be binned as part of an FCA shake up to simplify switching between cash savings accounts, providers have been told.
A one-day target for finance firms to resolve customer complaints is to be abolished while premium rate charges will be banned.
The chief executive of HSBC has taken up a key regulatory role by becoming the new chair of the FCA Practitioner Panel.
Robo-advice is a “tremendous asset” to planners who will all be utilising such tools in coming years, says Life Planning founder George Kinder.
The number of Fidelity’s customers using Pension Wise before contacting the company has risen to 20%.