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The “proactive redress exercise” put in place by Quilter to handle responsibility for the unsuitable advice given by Lighthouse Advisory Services in relation to the British Steel Pension Scheme (BSPS) has been praised today (1 June) by the Financial Conduct Authority (FCA).
The FCA has warned Woodford investors should “seriously consider” the redress deal and not be tempted by private litigation.
Candidates have declared and we are off to the races.
Responding to a significant increase in recent merger and acquisition activity and concern about the effects of “merger driven consolidation across markets,” leadership at the...
The City regulator has lashed out at the 'scourge' of online investment fraud which is causing untold damage to Britain's savers and the legitimate businesses trying to serve them. Mark Steward, an executive director at the Financial Conduct Authority (FCA), said the watchdog has already issued 632 specific warnings about scam firms this year – more than double the number in the same period in 2020. Over the whole of last year, it issued 1,204 warnings, double the number in 2019. The increase is costing Britons millions of pounds every year – a crisis which has been highlighted by the Mai...