News

January 12, 2018

FCA Cancels IFA’s Permissions For Refusing To Pay Compensation

The Financial Conduct Authority (FCA) has cancelled an IFA’s permissions after it refused to pay compensation to a victim of mis-sold investments.    The Financial Ombudsman […]
January 12, 2018
martin-lewis-mis-sold-pension

FSCS Admits Mishandling Thousands Of Arch Cru Claims

The Financial Services Compensation Scheme (FSCS) has admitted making errors when handling around 2,000 claims regarding failed fund Arch Cru. By June 2016, the FSCS had […]
January 12, 2018
retirement-losses

Hundreds Of Savers Lose Retirement Savings After Child Care Business Collapses

Hundreds of pensioners have lost their life savings after investing in a children’s care home business that promised high returns before going bust. Approximately 230 people […]
December 20, 2017
mis-sold-investments

Four Found Guilty Of Pressuring Vulnerable People Into Joining ‘Worthless’ Investment Scheme

Four individuals have been found guilty of pressuring vulnerable people into joining an investment scheme worth £1.4 million. The exploitive scheme saw 300 investors buy shares […]
December 20, 2017
mis-sold-investments

FCA Investigates Activities Of Unauthorised Pension Introducer Firms

The Financial Conduct Authority (FCA) is investigating the activities of several unauthorised pension introducer firms. The investigation comes following reports that unregulated introducers have been involved […]
December 15, 2017
pension-risks

FCA Warns Savers Of The Risks Associated With ‘Free’ Pension Advice

The Financial Conduct Authority (FCA) is reminding customers of the risks associated with transferring their defined benefit pensions to a new scheme. In an alert on […]
December 14, 2017
pension-saving

How Much Should You Save For Retirement?

It can be difficult to know exactly how much to save for retirement, especially when it’s hard to predict how much money you’ll spend each year […]
December 12, 2017
gig-economy-retirement

Five Million ‘Gig Economy’ Workers Could Be Left With No Pension In Retirement

Millions of freelance and zero-contract workers could be left without any retirement savings as a result of a pension system “blind spot”. A new report from […]
December 11, 2017
IFA-regulator

IFAs Must Report ‘Risky’ Product Recommendations To Regulator From 2018

Independent financial advisers will soon have to report to The Financial Conduct Authority (FCA) when they recommend potentially high risk investment products to clients. The changes […]