Tax & Regulation
Best Practice | 2 Sep 21
Beware the allure of large pension increase exchanges
A bigger slice of the PIE may not necessarily be in a client’s best interests
FCA review of DB redress guidance is a ‘sensible measure’
Firms should ‘assess complaints about unsuitable advice fairly, consistently and promptly’
$18m Ponzi scheme couple charged
Alongside five other entities used to receive investor funds
Child-grooming financial adviser fails to overturn FCA ban
But upper tribunal judge critical of how the regulator handled the case
Maltese bank fined €4.9m for AML breaches
‘Seriousness and systemic nature of failures’ allowed millions to pass through unchecked