The FCA and The Pensions Regulator (TPR) are joining forces again this summer to warn the public about fraudsters targeting people’s retirement savings - as they revealed up to five million were at risk from scammers. 

The High Court has consented to an order by which UCIS firms and directors will pay funds to the FCA for distribution to investors.

Two people have been jailed for a combined six years after being found guilty of five counts on insider dealing.

The FCA has today fined Bank of Scotland (BOS) £45.5m for failures to disclose information about its suspicions that fraud may have occurred at the Reading-based Impaired Assets (IAR) team of Halifax Bank of Scotland.