Financial Conduct Authority chair Charles Randell defended the handling of the London Capital Finance case. Photo: Hannah McKay/Reuters A “perfect storm” means more and more Brits are at risk of losing their money or running into financial trouble with unsuitable investments, according to a top financial regulator.
Charles Randell, the chair of the Financial Conduct Authority (FCA), said on Tuesday that pensions de-regulation, low interest rates, and the rise of social media have left consumers vulnerable to fraudsters or high-risk investments that aren’t appropriate.
“A combination of the yield environment, the pension freedoms, and a whole load of other things means […]
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