UK moves to regulate minibonds in capital markets shake-up | Financial Times (ft.com) Britain is to regulate minibonds in the same way as shares, the government said on Tuesday, as it set out plans to make its capital markets more appealing to investors. The UK Treasury proposed that issuers of minibonds — or bonds that...Read More

By Lois Vallely 7th June 2022 3:15 pm The Financial Conduct Authority has ruled out introducing new regulations to drive improvements in the pensions consumer journey. In a feedback statement published today (7 June) with the Pensions Regulator (TPR), the FCA said more can be done to support consumers within the current regulatory framework. The statement was published in...Read More

By Michael Klimes 10th June 2022 7:46 am The Financial Services Compensation Scheme (FSCS) has confirmed 11 firms in default. This means that consumers can now see if they are owed money by the firms and protected by the lifeboat fund. The firms include mortgage and pension firms that are listed below: A to Z Mortgages Limited t/a Dunure Asset Management...Read More

By Daniela Esnerova 12th January 2021 11:23 am Just over six per cent of advisers used funds’ assessment of value reports last year, research from the Lang Cat consultancy shows. When the FCA tasked the boards of fund groups to report on how individual funds provide value to investors, there was not much expectation that end investors would study...Read More

By Amy Austin The Financial Services Compensation Scheme has agreed to pay out £44.35mn on claims against troubled self-invested personal pensions provider Lifetime Sipp, with thousands more claims expected. According to the latest liquidator’s report, published on Companies House this week (June 7), as of March 2022 the FSCS had agreed claims totalling £44.35mn from 908...Read More