FCA publishes business plan
Consumer credit firms make up around two thirds of the total number of firms regulated by the Financial Conduct Authority (FCA), and [...]
28
04, 2017
27
04, 2017
CMC director gets 10 year ban
At present, the Claims Management Regulator at the Ministry of Justice (MoJ) does not have the power to impose fines and bans [...]
25
04, 2017
CMC enforcement actions – on the increase?
Are the authorities clamping down on claims management companies (CMCs) that break the rules? In a one-month period between March 10 and [...]
24
04, 2017
Chancellor says fintech will transform how we do business
“FinTech will transform the way we live and do business,” said the Chancellor of the Exchequer as he addressed the inaugural International [...]
21
04, 2017
MOJ bans one CMC and fines another
The Claims Management Regulator at the Ministry of Justice (MoJ) has withdrawn the authorisation of Llanelli-based Barrington Claims Limited. The company, which [...]
20
04, 2017
Director disqualified over his firm’s SIPP mis-selling
Keith Popplewell has been disqualified from acting as a director for a period of nine years, as a direct result of his [...]
19
04, 2017
FCA publishes progress report and guidance paper on FAMR
After the Financial Conduct Authority (FCA) and the Treasury commissioned the Financial Advice Market Review (FAMR), the Review committee produced a list [...]
17
04, 2017
Wonga experiences significant data breach
As many as 270,000 customers may have been affected after a significant data breach at Wonga, one of the UK’s largest and [...]
14
04, 2017
54 advice firms forced to stop overseas pension transfers
A pension transfer – a transfer of funds from an occupational pension scheme to another form of retirement savings arrangement – is [...]
13
04, 2017
Pension firm reveals consumers paying too much tax on pension withdrawals
Pension provider AJ Bell says it believes that thousands of people have paid too much tax on their pension withdrawals, and also [...]