Tag: FCA
-
Suspect pension advisers to be named on watch list
Excellent news:- Firms and advisers arousing industry suspicions of wrongdoing will be placed on a semi-secret watch list to warn businesses considering working with them. The Pensions Administration Standards Association (PASA) is working on a closed list with names of pensions schemes and advisers that have been flagged up as potential scammers, to be shared among…
-
FCA ramps up warnings over online investment scams
The FCA is warning the public to be vigilant protecting themselves from online investment fraud, with figures showing investors lost an approximate daily amount of £87,410 to binary options scams last year. Latest data from the FCA’s Scam Smart campaign shows the kind of investor being targeted by online investment scams is changing. The regulator says those under 25 were…
-
Where has the time gone, Grandad!
One of my clients, at the age of 43, was horrified recently when one of his team said the words, “alright Grandad”, to him the other day. What crazy thing had he said to warrant this unprovoked attack? Well, he had inadvertently used the word, “iPod!” Yes “iPod” – apparently old tech, old school and…
-
New FCA Chairman
Former Slaughter and May lawyer, Charles Randell, who advised Government ministers on the 2008 financial crisis, has been confirmed as the next chairman of the Financial Conduct Authority (FCA). Mr Randell, who replaces outgoing chairman John Griffith-Jones, will take up the role on 1 April 2018 and is scheduled to serve a five-year term.
