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 […]
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 […]
The European Commission has officially announced today the 12-month delay of the introduction of its Priips regulation. As revealed by Money Marketing in October, the EC had decided to delay the introduction of Priips, or packaged retail and insurance-based investments, by one year to 2018, instead of January next year. The EC met on 27 October […]
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 […]
A recent survey of employers, carried out by Jelf Employee Benefits, suggests that many employers intend to utilise the new Fit for Work service in some form as an absence management tool.
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