The cynical might say that newly arrived in power and with five years ahead in which bad stuff can...
Tag archive for: FSCS
“Emails reveal FCA’s inaction over P2P lending abuse”
The dilemma of free market vs nanny regulator is at the root of many financial scandals and scams....
“FCA increases adviser fees to £86.5m”
OK, let me quickly recycle my article from previous years. The cost of regulation’s going up, we...
“Ban unregulated SIPP investments and pension introducers, say advisers”
Perhaps I’m not a lone voice in calling for the regulator to do what’s always seemed to me to be...
“FSCS forecasts £900m levy for next year as this year’s costs cut”
The FCA have said they want more big and less small firms of advisers. All the talk in our...
“Fos prepares to refer claims to FSCS after latest Sipp collapse”
Just backtracked and found that I make the same comments about the same regulatory failures about...
“Disappointment for pensioners as wage growth hits 8.3%”
Judging by the number of times I’m asked about it, the government can be relieved that many...
“Claims to head to FSCS as £26.7m Sipp firm fails”
Yawn. Here we go again. More compensation paid out to punters, lured into transferring their...
“FSCS pays out £22.5m on failed Sipp”
It’s not me who’s the stuck record. It’s the idiots who repeat, or allow others to repeat, year...
“Advice trade body calls for reform of UK lifeboat scheme”
OK, here’s someone talking complete sense. Time and again, punters (sic) are duped into...
“FSCS receives 1,000 claims against troubled Sipp provider”
Once again, the Financial Services Compensation Scheme (FSCS) is to shell out to investors whose...
‘FCA looks at sophisticated investor shake up’
The snappily-named ‘Exemptions from restrictions on the promotion of non-mainstream pooled...
“Advisers set up action group on LinkedIn to tackle industry problems”
I know I risk an accusation of navel-gazing, but there are wider implications here. It’s admirable...
“Has the consolidation experiment failed?”
Most financial advice firms are like us, small, with at most just 3 or 4 advisers. Some, however,...
“Adviser asks clients to help settle regulatory bill”
Whilst I admire his spirit, I have to say I’d be concerned, were I a client of this adviser, that...