The FSCS has paid out about £564,000 in compensation for all claims against three wealth management firms whose clients reportedly included Premier League footballers.
The FCA and PRA will play a key role in ensuring market stability, following the momentous vote to leave the EU, George Osborne told the country this morning.
The FCA has told firms this morning they “must continue to abide by their obligations… including those derived from EU law” after the country voted to leave.
The value of FCA fines against individuals has more than doubled over the last year – but the total for companies has dropped by 37% - researchers have revealed.
The FCA has appointed a director of supervision for investment, wholesale and specialists to take up the role formerly held by acting chief executive Tracey McDermott.
Alan Sugar’s former right hand man on hit TV show the Apprentice is warning of the dangers of investment scammers embedding themselves into people’s lives.
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