European regulators have banned retail investors from investing in binary options after nearly £60m was cheated from consumers in the UK alone.
Read more ...FCA orders firm to repay nearly £17m
- Monday, 26 March 2018
- Articles
The High Court today ordered the repayment of nearly £17m invested in four Unauthorised Collective Investment Schemes following legal action from the FCA.
Read more ...FCA may ban contingent charging on DB transfers
- Monday, 26 March 2018
- Articles
The Financial Conduct Authority has today proposed a ban on contingent charging on pension transfers and reaffirmed its view that DB transfers should be considered unsuitable unless there is a good reason to transfer.
Read more ...29% stash pension freedom cash in bank accounts
- Monday, 26 March 2018
- Articles
New research has revealed that nearly 3 in 10 people who have taken money out of pensions since the freedoms have stashed the money in a savings account.
Read more ...FCA warning over Money Saving Expert clone
- Monday, 26 March 2018
- Articles
The FCA has warned of an attempt by fraudsters to cheat investors using the Money Saving Expert name.
Read more ...Financial services optimism slumps to 2008 crisis levels
- Monday, 26 March 2018
- Articles
Optimism in the financial services sector has fallen for the fourth quarter in a row, reaching similar levels to the gloom that enveloped the sector during the financial crisis, a report suggests.
Read more ...Uber joins drive to boost retirement savings
- Monday, 26 March 2018
- Articles
Uber is among the headline names taking part in a ABI project to find ways to make it easier for the self-employed to save for retirement.
Read more ...UCIS conman gets 16 months for perverting justice
- Friday, 23 March 2018
- Articles
UCIS fraudster Alex Hope was sentenced today at Southwark Crown Court to an additional 16 months in prison for perverting the course of justice.
Read more ...£215bn inheritance to transform wealth management
- Friday, 23 March 2018
- Articles
Hundreds of billions of pounds are set to be inherited over the next 10 years and could shake up the wealth management industry.
Read more ...Platforms attacked for 'wholly unacceptable' offering
- Friday, 23 March 2018
- Articles
The head of a Paraplanning firm has attacked platforms for "wholly unacceptable" service and "poor testing".
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