FCA criticises business insurance claims handling

The Financial Conduct Authority has raised concerns over how firms have handled business interruption insurance claims.

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Exclusive: FSCS dealing with nearly 3,000 Rowanmoor claims

The FSCS has received nearly 3,000 claims against 116 advice firms involved in recommending pension products from failed SIPP firm Rowanmoor.

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Pension transfer IFA fails after 34 claims 

Glasgow-based IFA Cowley & Miller Independent Financial Services Limited has failed after the firm was hit with 34 claims from clients, most related to pension transfers.

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PIMFA backs imminent FCA ban on CMC phoenixing 

Wealth management trade body PIMFA has welcomed news that the FCA will ban regulated firms ‘phoenixing’ into Claims Management Companies from 7 July.

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