Anthony Browne, Chief Executive of the British Bankers’ Association photographed at their offices in the City of London. Photo by Michael Walter/Troika
The High Court has wound up a scam property fund which took £880,000 from investors and promised returns of up to 51 per cent a year. The FCA says the fund was wound up earlier this month at its request and a liquidator appointed to investigate Hermay’s activities. The regulator says the firm had been […]
Fixed penalty notices also increase in Q1.
Just Retirement has launched a simplified advice service for people with smaller pension pots in a bid to bridge the “advice gap” left by the RDR. The firm is offering the service initially through pension providers. Customers will be given personal recommendations over the phone on how to use their pension pot, including whether to […]
Tesco has posted a record loss of £6.4bn, one of the biggest losses outside of banking in British corporate history. In its annual results, published today, the supermarket group revealed it made a pre-tax loss of £6.38bn in the year to the end of February, compared with a pre-tax profit of £2.3bn the previous year. […]
The Pensions Advisory Service (TPAS) has recently launched a new campaign warning people about the threat of pension scams. In light of this, WEALTH at work, a leading provider of financial education in the workplace, supported by guidance and advice, shares their top tips on how employees could avoid losing their pension to scams and fraudsters. […]
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