FCA to return £3.4m to investment scheme victims
They were promised unrealistic high returns such as ‘up to 100% of the amount invested’
Regulation
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Treasury chair demands answers from FCA over end date of Woodford probe
Reports of Woodford’s comeback ‘may understandably be of concern to investors who previously lost out’
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Jersey regulator ‘disappointed’ by manner of Woodford return
Announcement was made ‘in advance of receiving or processing any application’ from the company
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FCA accused of being ‘on the back foot’ in response to Woodford comeback
Regulator to work with the Jersey Financial Services Commission to share information on any applications
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Gina Miller doubles down on calls for Treasury probe into Woodford scandal
Fallen manager’s comeback amid ongoing FCA probe ‘discredit both the regulator, and the entire UK financial services sector’
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Advice industry picks apart FCA pension transfer tool
Advisers and consultants wanted to work their way through the tool before commenting. Now they have.
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Clone firms con savers out of £78m in 2020
‘No surprise mendacious fraudsters have ramped up attempts to swindle hard-working people’
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Hargreaves multi-manager funds stung by lingering Woodford exposure in second value assessment
Four out of 13 funds ‘need improvement’ and two ‘do not represent value’ on performance criterion, report finds
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Industry in disbelief as FSCS levy forecast to hit £1bn
‘In any other sector a forecast for compensation of over £1bn would be the focus of a national scandal’
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Rise of the TikTok influencer-adviser worrying financial planners
‘Trading gurus and crypto asset cult followers are becoming more widespread’
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Bitcoin plunges as FCA warns investors could lose all their money
World’s most popular cryptocurrency loses 20% in less than 24 hours amid volatile sell-off
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FCA finds 4,000 firms at risk of failure due to Covid
Watchdog warns around 30% have ‘potential to cause harm’ if they closed down
