FCA
Best Practice | 16 Nov 22
Consumer Duty to force wealth firms to rethink business models
While white paper says the regulation will bring adviser-platform relationship closer
Eight UK firms enter liquidation after regulatory action
The FCA issued consumer warnings and restrictions against them throughout 2021 and 2022
FCA will ‘take action’ over firms miscalculating DB transfer redress
Ongoing fund costs and adviser charges are not being taken into consideration
FCA clamps down on over 4,000 financial promotions in 3 months
Regulator warns unauthorised firms and individuals are looking to take advantage of the rising cost of living
FCA prosecutes five over roles in £1.2m investment scheme
Some of the defendants allegedly used victims’ money to fund their lifestyles