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FCA proposes default investment option for all pensions

The Financial Conduct Authority has proposed that firms offer a default investment option to non-workplace pension clients.

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FSCS declares 12 firms in default

The Financial Services Compensation Scheme has declared 12 firms in default, including a number of financial advisers and wealth managers.

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FSCS declares Nottingham-based DFM in default

The Financial Services Compensation Scheme has declared Nottingham-based DFM Clear Capital Management in default.

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FSCS declares 10 financial firms in default 

The Financial Services Compensation Scheme has declared 10 financial firms in default in April and May, including several financial advisers.

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