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

The FCA has today published Decision Notices in respect of three firms and five individuals who it says acted “without integrity” over pension transfers which affected 2,000 customers and £76m in pension assets.

A group of fraudsters were jailed for a combined 17 years and nine months today for their part in an elaborate wine investment scam which conned nearly £1m out of investors, many of which were elderly and vulnerable.

An accountant has been jailed for more than three years after he fraudulently took more than £290,000 from a pension scheme.