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FCA progresses framework to drive long-term value for workplace pension savers
Pensions savers stand to benefit from a new proposed framework designed to shift the focus from costs to long-term value, and deliver better retirement savings. -
H2O will pay €250 million to investors following FCA investigation
Asset manager H2O AM LLP (H2O) will pay €250 million to investors unable to access their funds since 2020, following an investigation by the FCA. -
Great Point Investments Limited enters liquidation
Great Point Investments Limited has entered into liquidation. Andrew Charters, Nicholas Nicholson and Christine Mary Laverty of Grant Thornton UK LLP have been appointed as Joint Liquidators. -
Unauthorised mortgage broker and others ordered to pay £4m by High Court
The FCA has secured an order of £4m against an unauthorised mortgage broker and its associates who exploited vulnerable consumers. -
Unauthorised mortgage broker charged with fraud
Peterson Okoh (of Peckham, London SE15) appeared in Westminster magistrates court on 31 July 2024 for allegedly advising on and arranging mortgages, between January 2018 and December 2023, without being authorised. -
Lonsdale Insurance Brokers Limited enters liquidation
Lonsdale Insurance Brokers Limited has entered creditors’ voluntary liquidation. Neil Bennett and Alex Cadwallader of Leonard Curtis were appointed joint liquidators. -
Restrictions imposed on London Stone Securities Limited in response to significant concerns
We have imposed restrictions on wealth management firm, London Stone Securities Limited. -
FCA takes first enforcement action against firm enabling cryptoasset trading
CB Payments Limited (CBPL) has been fined £3,503,546 by the FCA for repeatedly breaching a requirement that prevented the firm from offering services to high-risk customers. -
High Court approves plan to return WealthTek client assets and money
The JSAs plan for returning client money and custody assets to WealthTek clients has been approved by the High Court. -
Over £100m in redress offered to former British Steel pension scheme members
£106m in redress has been offered to 1,870 former British Steel Pension Scheme members to put them back in the position they would have been at retirement.