UCIS

UCIS

The Financial Services Authority (FSA) must issue a consultation paper on advisers' use of unregulated collective investment schemes (UCIS) as a matter of urgency, according to financial services consultancy Aim Two Three.

Network and support service provider Sesame Bankhall Group (SBG) has said a large number of its 2,800 member firms are considering a 'hybrid' practice - offering both independent and restricted advice.

The Financial Services Authority (FSA) has removed the permissions of SIPP provider HD Administrators (HDA) with immediate effect after two directors were arrested.

Tony Hales of Stadia Trustees discusses how green investments can add an element of diversification to an individual's SIPP.

Connaught Asset Management has suspended redemptions from its Connaught Income Fund Series 1 after a review flagged the possibility that some of the fund's loans may be under-secured.

In today's Retail Conduct Risk Outlook the Financial Services Authority (FSA) identified the five products it feels pose the greatest mis-selling risk to consumers.

Tony Hales, managing director of Stadia Trustees, looks at where SIPP investors have put their money since the start of the year.

A firm has been fined £97,600 by the Financial Services Authority (FSA) for mis-selling unregulated collective investment schemes (UCIS), some of which have since wound up resulting in potential investor losses.

The FSA is cracking down on unsuitable investments in SIPPs, but SSAS could be the new target for unscrupulous salesmen. Rachel Dalton reports.