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FCA warns of fraudulent Jupiter clone firm

The FCA has warned consumers that a scam firm has been pretending to be Jupiter Asset Management. The clone firm, has been operating under the name of “Jupiter Fund Management” but is not related to the real Jupiter. According to the FCA, fraudsters are using the details to convince people they are an authorised firm. Jupiter […]

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FOS appoints former Which? boss to lead review into complaints failures

The Financial Ombudsman Service has appointed Money and Mental Health Policy Institute vice chair Richard Lloyd to lead an independent review into its complaints handling process. The former Which? executive director has been charged with producing a report into FOS’ practices after a Channel 4 documentary earlier this year suggested a number of failures at […]

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FCA plans 4% increase in adviser levies

The FCA has proposed a 4.2 per cent increase in adviser fees for the coming year. For the 2017/18 financial year, the A13 fee block, of which advisers and other intermediaries are part, contributed £77.1m in regulatory fees. In a statement accompanying its business plan for the year ahead this morning, the FCA has proposed […]

Jason Butler: Show and tell your worth

In early 2002, I wrote a 15-page guide called “How to be your own financial adviser”. My aim was to help anyone who read it make better financial decisions. As well as making the guide available through my firm’s website and to existing clients, I posted hard copies to personal finance journalists on the major […]

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