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FCA 'committed' to introducing means of measuring value of add-on insurance products

The UK's Financial Conduct Authority (FCA) has suggested three potential methods for calculating the relative value of general add-on insurance products, as a means of addressing its concerns about the lack of competition between providers and poor value for... 26 Jun 2015

Companies behind £12m pension 'liberation' scam wound up by High Court

Two companies that received £11.9 million worth of investments from clients "misled" into participating in a pension liberation scheme have been wound up by the High Court after an investigation by the Insolvency Service. 24 Jun 2015

Out-Law Guides

Expect to pay up to £1,000 compensation for ‘non-financial injustice’, says Pensions Ombudsman

Pension savers who suffer “significant” distress or inconvenience as a result of scheme maladministration will generally receive compensation of between £500 and £1,000 if their complaint is upheld, the Pensions Ombudsman has said. 23 Jun 2015

Regulator opens investigations into transparency of paid online endorsements

The Competition and Markets Authority (CMA) is investigating whether a number of businesses have broken consumer protection laws by failing to disclose that they have paid others to endorse their company online. 19 Jun 2015

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