The Pensions Scams Industry Group (PSIG), which was established in 2014 to help protect pension scheme members from scams, has announced the publication of version 2.2 of its Code of Good Practice on Combating Pension Scams. 

PIMFA, the trade association for wealth management, investment services and the investment and financial advice industry, has welcomed the enhancements to consumer protection laid out in the new Work and Pensions Committee Report 'Protecting pension savers - five years on from the pension freedoms: Pension scams'. 

PIMFA, the trade association for the wealth management, investment services and the investment and financial advice industry, has welcomed the announcement that the Financial Conduct Authority (FCA) is extending the relaxation of the 10 per cent depreciation notice requirement for firms until the end of 2021 and will consult on permanent change. 

PIMFA, the trade association for wealth management, investment services and the investment and financial advice industry, consumer rights group Which?, UK Finance, the Financial Services Compensation Scheme (FSCS) and the Chair of the Work and Pensions Select Committee, the Rt Hon Stephen Timms MP, alongside Money Saving Expert Martin Lewis and the Money and Mental Health Institute, have all called for online scams to be included in the Government’s forthcoming Online Safety Bill.

PIMFA, the trade association for wealth management, investment services and the investment and financial advice industry, has welcomed the recommendations made by Lord Hill in the UK Listing Review designed to improve access for retail investors.

PIMFA, the trade association for wealth management, investment services and the investment and financial advice industry, is calling on the Government to take the opportunity offered by the completion of Brexit to reshape the regulatory environment for financial services in the UK.

Quilter is supporting the Pensions Regulator’s campaign to tackle pension scams by pledging to adopt the stringent standards required to reduce the risk of members falling victim to scammers.

The FCA opened 52 investigations into cryptocurrency businesses in the last year, says RPC, the City-headquartered law firm. However, the law firm says that this is likely to be just the tip of the iceberg in terms of cryptocurrency related activity that breaches regulatory rules or is illegal.

Attempts to defraud savers through online scams grew in January, evidence collected by PIMFA, the trade association for wealth management, investment services and the investment and financial advice industry, has revealed. 

New analysis by the CFA Society of the UK (CFA UK) reveals that many reports on fund value do not meet the spirit of the FCA requirements.