FCA Fines Firms, Directors For Outsourcing Pension Advice
By Christopher Crosby ( May 9, 2019, 1:44 PM BST) -- The Financial Conduct Authority said Thursday it plans to punish three now-defunct pensions advisers and their former managers with a combined fine of £1.3 million ($1.7 million) for outsourcing oversight of retirement plans to companies that pushed thousands of savers into risky investments....
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