UK - OPRA is launching an investigation into a group of Birmingham-based IFAs pressurising financially-strapped firms to wind-up their schemes.
The regulator is taking action after it was revealed that the group was exploiting lax trustee laws to wind-up schemes and sign their own cheques for doing so. OPRA spokesman Nick Edmans said th...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date