The Financial Conduct Authority (FCA) has made plans to stop advisers phoenixing into claims management companies (CMC).
The consultation paper, published on Monday (17 May), outlined its proposals for new rules on CMCs. Claims management company phoenixing occurs when an individual from a wound-up firm re-opens under...
Spotting early warning signs
That's what it's all about
Between 2008 and 2019
Write within six weeks
15 failed to pay more than BoE
Banks must work together with clients to help transition
Sustainable Festival: UN's Mulder says asset owners must take nature-based investment more seriously
Investment gap must be closed
Adding to 67 firms