Pensions regulations strengthened for Jersey islanders

Together, the two pieces of legislation mean that any retail advice given to local consumers about their pension arrangements will fall within financial regulation overseen by the Jersey Financial Services Commission.


FCA fines GAM £9.1mn

The FCA has also fined Timothy Haywood, a former Investment Director and Business Unit Head at GIML, £230,037.


FSCS declares advice firm in default

At the time, the FSCS said all 41 claims levied by former clients of John Dyer, which the FSCS said advised on BSPS pension transfers, were in progress.


June end for pension holiday

The Department of Labour and Pensions, through the statement, added that voluntary pension contributions can be paid into pension funds.