Insurance Regulation

FCA Aims To Reform Funding of FSCS Scheme

The FCA has recently published a Discussion Paper aimed at maintaining a compensation framework that provides appropriate protection for consumers, funded in a fair and sustainable way. The Financial Services Compensation Scheme (FSCS) provides compensation […]

Insurance Regulation

FCA Bans Two IFAs Over SIPP Rules Breaches

The FCA has banned Peter Howson and John Butterfield from performing any regulated activity because of their roles in the submission of false and misleading information about customers’ high net worth status.  Mr Howson and […]

Insurance Regulation

FCA Update on Avacade & Alexandra Associates Pensions Scandal

High Court orders illegal pension introducers Avacade, Alexandra Associates and their directors to pay £10,715,000 restitution to consumers. The two companies and three individuals must pay restitution to members of the public who were induced […]

UK Economy

Aegon Warns on Financial Scammers Targeting Savers & Investors

Almost 3 million people in the UK have fallen for a financial scam after being approached by a fraudster since the start of the coronavirus outbreak, according to Aegon’s survey into the behaviour of savers […]