The Pensions Regulator (TPR) is to shift to a more prudential-style of regulation to protect savers from systemic risk.
Read more ...‘Reckless’ pension transfer adviser fined nearly £1.4m
- Friday, 29 November 2024
- Articles

Pension transfer specialist adviser Philip Pryke has been fined £1.4m by the FCA after his firm advised on 986 transfers, many of them not in the client’s best interests.
Read more ...9 in 10 advisers apologised to clients for platform service
- Friday, 29 November 2024
- Articles

More than 9 in 10 financial advisers (95%) have had to apologise to clients for poor platform service in 2024, according to a new report.
Read more ...£1bn SIPP provider Intelligent Money defaults
- Thursday, 28 November 2024
- Articles

Failed SIPP operator Intelligent Money has been declared in default today by the Financial Services Compensation Scheme, opening the door to ex-clients with valid claims to receive compensation.
Read more ...Firms to get 48hr warning before FCA ‘name and shame’
- Thursday, 28 November 2024
- Articles

The FCA plans to give firms subject to enforcement investigations a 48 hour window to view the contents of any announcements before they are made public.
Read more ...Number of whistleblowing reports rises
- Thursday, 28 November 2024
- Articles

The number of whistleblowing reports rose by 15% (year-on-year) to 322 in the third quarter of this year.
Read more ...MiFID rules to transfer to FCA in 2025
- Thursday, 28 November 2024
- Articles

The firm-facing requirements of the MiFID regulations are to be transferred into FCA Handbook rules next year.
Read more ...4 in 5 advisers want auto-enrolment changes
- Thursday, 28 November 2024
- Articles

Over eight in 10 advisers (83%) want increases to auto-enrolment minimum contributions, a lower minimum age, or both, according to a new report.
Read more ...Retirement planning only begins at 55 for many - report
- Thursday, 28 November 2024
- Articles

Many people are failing to prioritise retirement planning until age 55, according to a new report which paints a worrying picture of late or poor preparation.
Read more ...Ex-HMRC officer sentenced for financial adviser-linked crime
- Wednesday, 27 November 2024
- Articles

A sacked HM Revenue and Customs (HMRC) officer who abused her position to help her husband launder £3.3m of criminal money has been sentenced today.
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