Mis-selling news & guides — page 3
FCA Bans Contingent Charging for Pension Transfer Advice
Cases of pension mis-selling have been on the rise for several years now. A significant contributing factor to the problem is ‘contingent charging’.
The Mis-Sold Investments Claim Being Made Against Quilter and Friends Provident
The mis-selling of investments is nothing new – and increasing numbers of companies are coming under fire for the way in which they sold their financial products to clients.
Mis-Sold SIPPs: FCA Wins Legal Battle Against Unregulated Pension Introducers
In June 2020, the High Court ruled in favour of the FCA’s civil action against Avacade Limited and Alexandra Associates.
Kingsway Wealth Management Collapses Amid Pension Transfer Complaints
Transferring pension products can cause problems for consumers, especially if the new pension wasn’t adequately explained at the time, or the risks weren’t outlined in full.
Pension Advisory Firms that have Recently Gone into Liquidation
The pensions mis-selling scandal has resulted in several advisory firms going into liquidation. Here are the latest companies to have collapsed as a result of their past operations.
Mis-sold SIPPs – Liberty SIPP Goes into Administration
The SIPPs mis-selling scandal has been going on for years now, with increasing numbers of customers making claims against the firms they invested with.
Phoenixing: Phoenix Companies Mis-Sold Pensions
At present, well over a hundred companies are being investigated by the FCA for ‘phoenixing’. But what exactly is phoenixing, and why is it so problematic?
Coronavirus – Why Investors Should Remain Calm and Not Rush Financial Decisions
The COVID-19 pandemic has caused widescale chaos across the UK. In addition to the health concerns, many are also worried about the economy, and how long it will take to recover in the aftermath of the lockdown.
Coronavirus – Many Losing Money from High Risk Investments
Coronavirus is causing significant disruption across the globe – and not just with regards to health
Lookers Delays Annual Results Due to Potential Fraud Investigation
Car lease deals and PCPs look set to be the next big mis-selling scandal.
FCA Facing Pressure to Take Action on Pension Transfer Advice
Find out how the FCA is facing pressure to take action on pension transfer advice
What is mis-selling? | A Guide to Financial Mis-selling
Read our guide to financial mis-selling