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FCA bans six men over £4.3m landbanking Ucis scam

The FCA has banned six individuals from any regulated activity after they took part in an unauthorised collective investment scheme. The regulator first charged the men with landbanking fraud and carrying out a regulated activity without authorisation in 2013. Scott Crawley, Daniel Forsyth, Adam Hawkins, Ross Peters, Aaron Petrou and Dale Walker were found to have operated […]

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FCA bans Arck partners over £50m fraud

The FCA has banned the individuals behind a £50m fraud which invested client money via Sipps into collapsed property investment firm Arck. Former Arck partners Richard Clay and Kathryn Clark have been banned from working in any regulated financial services role. Arck invested clients’ pensions through Sipp firm HD Administrators and other related companies, and […]

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Aegon looks to platform business to bring in 80 per cent of profits

Aegon’s is looking to generate between 80 and 90 per cent of its profits from its platform business within the next three to five years, according to UK chief executive Adrian Grace Speaking to Money Marketing after the release of the providers third quarter results this morning, Grace acknowledged that the goal represented a “big […]

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