Whilst I admire his spirit, I have to say I’d be concerned, were I a client of this adviser, that...
FCA
“Cost of advice to jump as FCA bills rocket”
Adviser’s annual bills from the regulator arrived this month and have left most of us...
Regulator puts a stop to pension switch fees
So the regulator has taken action, as expected, on transfers from final salary pensions. Most...
FCA bans contingent charging on final salary pension transfers
Buying a house is the biggest financial commitment most of us make. We look at it once, twice at...
“FCA to probe advisers’ financial resilience amid Covid”
If you’ve ever applied for a visa to the US and some other countries, you may remember one of the...
“FCA: retail investment market is failing consumers”
High risk, unregulated investments, recommended by stupid (charitable) or unscrupulous (realistic)...
“Pension transfer into Dubai property costs adviser”
New year, same old story. Pension money goes into a SIPP, thence into a dodgy, unregulated...
“FCA accused of aiding scammers through its register”
To try to stop bankers getting away with all the stuff they got away with 10 years or more ago the...
“FCA promises action on illiquid assets within weeks”
I’ve said for ages that we shouldn’t be able to recommend unregulated investments. The problem...
“FCA to temporarily ban promotion of speculative mini-bonds”
When the head of the FCA was interviewed about this, it was put to him that surely ‘the horse has...
“Redress to be paid after advice to invest in unregulated Brazilian property scheme”
If you thought I was making this stuff up, here we go again, but a day later yet another...
“FCA says it’s not its job to ban unsuitable products”
OK, our regulator says they can’t or won’t ban dodgy (as opposed to fraudulent) investments....
“FCA hints at restrictions on high risk assets”
Unregulated investments, which turn out to be not worth the paper they’re not usually written on,...
“FCA in the dark over contingent charging”
It never has and never will be proven that changing the way advisers are paid or charge for their...
“FSCS finds ‘misleading advice’ in mini-bond investigation”
You buy a car from someone who claims to be a qualified mechanic but isn’t. The breaks fail and it...