FCA
65% of SMCR investigations still open
Just two cases have resulted in penalties since the regime was introduced in 2016
Ex-director wins appeal in unauthorised share scheme case
She will not need to pay restitution to clients who lost money
Regulator targets 50 firms over ‘misleading’ crypto adverts
‘We’re concerned that people might be enticed into investing money they can’t afford to lose’
Another Sipp operator enters liquidation
After it was unable to pay redress following final decisions issued by the Financial Ombudsman Service
British Steel pension transfer advice unsuitable in 47% of cases
Members have lost £18m in redress due to firms entering liquidation