European regulators have banned retail investors from investing in binary options after nearly £60m was cheated from consumers in the UK alone.
The High Court today ordered the repayment of nearly £17m invested in four Unauthorised Collective Investment Schemes following legal action from the FCA.
The Financial Conduct Authority has today proposed a ban on contingent charging on pension transfers and reaffirmed its view that DB transfers should be considered unsuitable unless there is a good reason to transfer.
New research has revealed that nearly 3 in 10 people who have taken money out of pensions since the freedoms have stashed the money in a savings account.
The FCA has warned of an attempt by fraudsters to cheat investors using the Money Saving Expert name.
Optimism in the financial services sector has fallen for the fourth quarter in a row, reaching similar levels to the gloom that enveloped the sector during the financial crisis, a report suggests.
Uber is among the headline names taking part in a ABI project to find ways to make it easier for the self-employed to save for retirement.
UCIS fraudster Alex Hope was sentenced today at Southwark Crown Court to an additional 16 months in prison for perverting the course of justice.
Hundreds of billions of pounds are set to be inherited over the next 10 years and could shake up the wealth management industry.
The head of a Paraplanning firm has attacked platforms for "wholly unacceptable" service and "poor testing".
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