FCA warns influencers over social media promotions

The FCA has threatened to crack down on influencers and finance firms that publish financial promotions on social media platforms that are not fair and clear.


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.  


Phoenix reserves £70m for Consumer Duty costs

Phoenix Group, owner of Standard Life and Sun Life, has reserved £70m for the potential impact of Consumer Duty legacy product costs, it revealed in its annual results today.


Advisers need to review decumulation advice - platform

Financial advisers need to take a closer look at the suitability of their investment approach for clients taking an income, according to platform Wealthtime.

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