Tuesday, 20 April 2021 09:33

£1.8m lost to pension scams in 2021

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Nearly £2m has already been lost to pension fraud this year with the true cost likely to be much higher as victims often do not realise they have been scammed for several years.

Tuesday, 20 April 2021 08:57

Advisers place £2bn with Transact in Q1

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Financial advisers placed over £2bn of client money with investment platform Transact during the quarter ended 31 March.

The Financial Conduct Authority has apologised for its handing of the collapse of London Capital & Finance (LCF) and the Connaught Income Fund Series 1 and has set out its approach to assessing related complaints.

Monday, 19 April 2021 14:02

Govt announces £120m LCF compensation scheme

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Treasury minister John Glen today announced a £120m government-backed compensation scheme for LCF mini-bond victims which will pay up to 80% of losses up to a maximum of £68,000.

Monday, 19 April 2021 12:15

PFS offers 100 free memberships to new Planners

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The Personal Finance Society is offering 100 free memberships for two years to people who have lost their jobs due to Covid-19 and want to retrain as professional Financial Planners. 

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