FSCS pays out £21m for network mis-selling legacy

Professional Adviser | 21 Oct 2014 | 14:58 | Regulation

The Financial Services Compensation Scheme (FSCS) has so far paid out £21.2m in claims related to the collapse of adviser network Alpha 2 Omega (A2O) after finding widespread mis-selling of unregulated collective investment schemes (UCIS).


‘We have to get it right by 2020’: TPAS chief on guidance guarantee uptake

Professional Adviser | 21 Oct 2014 | 11:27 | Pensions

It is critical guidance guarantee take up rates increase in its first five years of operation as the proportion of retirees solely relying on defined contribution (DC) pensions grows, Michelle Cracknell has said.

FCA: Guidance should help people ask questions, not give answers

Professional Adviser | 21 Oct 2014 | 11:05 | Regulation

The Financial Conduct Authority (FCA) expects the guidance guarantee to “help people understand the questions they should be asking”, not offer choices for them, director of policy David Geale has told MPs.

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25 Nov 2014 - 25 Nov 2014

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