UCIS
Wealth managers
A financial adviser has been banned and fined £117,330 for mis-selling unregulated collective investment schemes (UCIS).
29 October 2012
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Investment
The British Private Equity and Venture Capital Association (BVCA) is holding talks with Treasury officials over the FSA's proposal to restrict VCT and EIS sales to sophisticated investors.
29 October 2012
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Investment
Brett Williams, the former head of platform giants Skandia and Cofunds, has moved into the EIS market with a series of launches through his new venture Old Burlington Investments (OBI).
29 October 2012
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Wealth managers
Connaught Asset Management has entered administration following the suspension of its three unregulated collective investment schemes (UCISs).
21 September 2012
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Wealth managers
The Financial Services Authority (FSA) believes its proposed rules on the promotion and sales of unregulated collective investment schemes (UCIS) could lead to a reduction in Financial Services Compensation Scheme (FSCS) costs for advisers.
22 August 2012
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Specialist
The FSA is proposing to ban the promotion of certain structured products as part of its wider effort to prevent the sale of unregulated collective investment schemes (UCIS) to retail investors.
22 August 2012
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Wealth managers
The Financial Services Authority (FSA) has proposed to ban the promotion of unregulated collective investment schemes (UCIS) to the vast majority of retail investors.
22 August 2012
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