FCA
FCA enforcement activity drops in last financial year
Cases opened against firms and individuals fell by 67% and 33%, respectively
Sipp sales reach highest level in five years
‘Savers are becoming increasingly confident in managing their own finances’
FCA: ‘Gaps observed in liquidity management’ could lead to ‘risk of investor harm’
Regulator warned that asset managers lack arrangements to combat market-wide redemptions
IFA banned over ‘unsuitable’ DB pension transfer advice
He has been told to pay £850,000 to the FSCS to compensate customers
What do retail investors need to know about illiquid assets?
Risk appetite, knowledge, experience and amount of wealth all important things to consider