The ex-directors of failed unregulated collective investment scheme (UCIS) Arck received in excess of £4m from the business before it collapsed, according to a liquidator's report.
The regulator should crack down on self-invested personal pension (SIPP) providers that work with unregulated investment schemes promising above-average returns, according to one provider.
Self-invested personal pension (SIPP) providers have been warned against investing in alternative assets by a high profile lawyer.
Higher risk, esoteric products can no longer be sold to ordinary investors.
The Financial Conduct Authority (FCA) is planning a consultation on new complex financial products created by banks and building societies to boost their capital.
The Financial Conduct Authority (FCA) has banned the sale of unregulated collective investment schemes to ordinary retail investors.
The SIPP industry remains divided on alternative investments with 47% of AMPS conference delegates believing they should be restricted to high net worth clients.