Protection insurers are questioning whether Aviva's new relevant life policy with an integrated critical illness (CI) component is allowable within HMRC rules.
An adviser has told how he was left suffering clinical depression and reliant on anti-depressants after he fell for a £50m scam City watchdogs repeatedly flouted warnings to shut down.
Graham Frost left Bestinvest in 2012
COO and customer director to step down
Less regulatory scrutiny than contract-based alternatives
A London jury has found an ex-broker not guilty of rigging the inter-bank lending rate Libor, a day after five others were also acquitted, in a major blow for the Serious Fraud Office (SFO) which brought the case.
Advisers have broadly welcomed the incoming head of the Financial Conduct Authority's (FCA) shift away from the tough stance of his predecessor, but are wary it heralds a softening approach to wrongdoers.
Advisers previously warned about the products