Part of up to £66m in compensation to investors
Opened consultation on issue last June
Responding to letter from Treasury Committee chair Nicky Morgan
Consultation ends on 11 May 2018
Thousands of cases could be re-opered
FOI from Professional Adviser
Will serve five-year term
SIPP-related claims continue to grow
Compensation payments incorrectly updated
Retiring from regulation
'Advisers are waking up'
Stamp duty reform? Raid on pensions?
Up from current £50,000 cap
Risk-based levy still on the cards
Interim report to be published summer 2018
4,000 firms on 'Warning List'
Wife also fined £50,000
'Spiral of complacency'
Accessing pension pots early has become ‘the new norm'
Succeeds HSBC CEO António Simões
Four advice firms also on list
Advice found to be 'suitable' in 93.1% of cases
Minimum fees up 1%
Process too complex