Regulation

The Financial Services Compensation Scheme (FSCS) has declared nine financial advice firms in default in March, two of which advised on British Steel transfers.

The Financial Ombudsman Service (FOS) has ordered a corporate finance firm, Alexander David Securities, to pay compensation to a client over a £14,000 loss arising from a pension transfer.

RP and PA are pleased to announce that nominations for the 2021 Women in Financial Advice Awards are now open.

Three people have appeared in court in connection with an investigation into pension fraud totalling nearly £14m.

Rachel Vahey sets out four key takeaways from the WPC report into pension scams and urges swift, nimble action to stop the perpetrators

The management of LV= has been heavily criticised by MPs for failing to provide a clear and reliable picture of its capital position in light of its proposed sale to Bain Capital.

The Financial Conduct Authority (FCA) has published guidance on advising defined benefit (DB) transfers and has reiterated its stance that it is best savers do not transfer out of final salary pension schemes.

The Financial Conduct Authority (FCA) has outlined how firms should better understand vulnerable customers and how businesses must act to improve outcomes for those clients.

Henry Cobbe returns to RP with an in-depth look at drawdown investment pathways and explains what it means for advisers...

The Financial Conduct Authority (FCA) has started High Court proceedings against Paul Steel and Jacqueline Foster, directors of a failed advice firm, over alleged unsuitable defined benefit (DB) transfers.