UCIS

The pick of this week's articles on IFAonline.co.uk...

UCIS BAN

The Financial Services Authority (FSA) has fined an independent financial adviser £60,000 for the unsuitable sales of Unregulated Collective Investment Schemes (UCIS) and other non-mainstream investments.

ESOTERIC

OVERKILL?

The Financial Ombudsman Service (FOS) has warned that consumers are ignoring the risks around unregulated collective investment schemes (UCIS), even when they are spelled out by their advisers.

RDR

The FSA's decision to restrict the sale of traded life policy investments (TPLIs) looks likely to spread to other alternative investments, according to a law firm and life settlement trade body.

UCIS TIPS

SIPPs