The Financial Services Compensation Scheme (FSCS) has recovered just under £300m over the past five years from failed financial services firms, it has revealed today.
SIPPs operator Curtis Banks has enjoyed a double-digit profit boost, according to its latest end of year figures.
The FCA’s recent Retirement Outcomes Review was a very welcome and thought-provoking paper. The report will result in a number of changes for the industry and it will be interesting to see which direction the FCA goes in its final review.
UBS AG (UBS) has been fined £27,599,400 by the FCA for failings relating to transaction reporting.
Standard Life Aberdeen has seemingly emerged victorious in a dispute with Lloyds Banking Group over an investment mandate.