Regulation

CMCs must be held to similar standards as advisers

Francis Buckman, alongside others, attempted to steal more than £2.3m

OPS cases take top uphold rate spot from SIPPs

UK’s advice and guidance market ‘does not work well’

Legislation will be laid ‘as soon as possible’

The regulator also secured nine prosecutions against fraudsters last year

The days of prescriptive compliance are over

Expect update later this year, regulator says

Comes as the regulator builds on its footprint in the city

FSCS anticipates ‘complex’ claims investigation