FCA
International Sipps latest FCA crackdown target
Regulator sent letter to firms asking for detailed information – especially about offshore bonds
FCA fines IFA firm over ‘unsuitable’ pension transfer advice
It has paid redress of around £2.7m to 41 customers impacted by the switch to Sipps
Unregulated financial adviser with six aliases banned
She was already convicted and disqualified in 2009
FCA makes mass-marketing ban for mini-bonds permanent
UK financial watchdog introduced a temporary measure at the beginning of 2020
Just 8% of Brits received financial advice
But number of advisers slowly increasing