Displaying items by tag: Tracey McDermott
Wednesday, 21 May 2014 11:37
FCA warns about abuse of Sipps by 'free pension review' firms
The FCA has warned that some firms offering consumers 'free pension reviews' are using Sipps and SSAS to transfer people into high risk unregulated investments.
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Thursday, 17 April 2014 11:08
FCA bans two advisers for high risk £112m Sipp investment scheme
The FCA has banned two partners at a Welsh firm of financial advisers for their role in a £112m Sipp-based investment strategy that saw nearly 2,000 of their customers advised to invest in high risk investments such as diamonds and overseas property via a Sipp.
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Tuesday, 17 December 2013 14:32
Four banned by FCA over 'unnecessary' £4m commission
Three men have been banned from working in the financial services industry for "disgraceful failings" after £4m in commission was generated from moving investments unnecessarily.
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Tuesday, 15 October 2013 11:36
FCA says it will use power to name firms being investigated
The Financial Conduct Authority has confirmed how it will use its new power to publicise warning notices by publishing information about proposed enforcement action.
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