Regulation round-up: Mis-selling, specialist referrals and financial promotions

First up, financial advisers have been alerted to (and investors warned about) potential mis-selling of the EEA Life Settlements fund. The warning comes from the Financial Conduct Authority (FCA), which has also said that some rights to complain about potential mis-selling will expire on 1 December 2014. The EEA Life Settlements fund is an unregulated collective investment scheme made up of traded life policy investments (TLPIs), based in Guernsey. The promotion of TLPIs was banned by the Prudential Regulation Authority in January of this year.   Referrals to specialists As a res...