Stephen Allen has pleaded guilty to forgery after the Financial Conduct Authority pursued him to recover money investors lost in a £16.9m Unauthorised Collective Investment Scheme (UCIS).

Pension savers are nine times more likely to accept advice from a pension scammer online than they would in person, according to new research from the Financial Conduct Authority (FCA).

The Financial Conduct Authority has urged 20 remaining victims of an illegal investment scheme to come forward after Southwark Crown Court ordered compensation be paid.

A Leicester woman has been sentenced to two years in prison after stealing a pensioner’s life savings after falsely promising to repay it when she inherited a £3.5m trust fund that did not exist.