New red and amber warnings on risky pension transfers come into force today following a Department for Work and Pensions initiative.

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Monday, 29 November 2021
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The FCA will cap fees for Claims Management Firms at £10,000 from 1 March, it confirmed today.

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An ambassador for Gambia has been ordered to pay more than £80,000 after being found guilty of withholding information from The Pensions Regulator (TPR). 

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The Government has confirmed that the basic State Pension will rise by 3.1% from April to £141.85 with the full state Pension increasing to £185.15.

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Platform and SIPP provider AJ Bell has unveiled plans to launch an app-based investment platform called Dodl which will offer an annual charge of 0.15%.

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The FCA has barred IFA firm Frensham Wealth of Surrey from carrying out any regulated activities following the conviction of director Jon Frensham (formerly known as Jonathan James Hunt) for a child sex offence.

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Two men behind an Essex firm which took £800,000 from investors who thought they were investing in an ethical 'water' bond have been banned as directors for 11 years.

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The FCA has given its senior managers more powers to make regulatory decisions to ensure action to prevent consumer harm is taken quicker. 

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The Financial Services Compensation Scheme has this week written to 1,000 London Capital & Finance (LCF) victims offering compensation from a government-funded scheme.

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A survey by three leading professional bodies has revealed that over 1 in 3 finance professionals considered themselves to be vulnerable during the past 12 months.

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