This is due to concerns that the Firm has failed to pay redress awarded to former members of the British Steel Pension Scheme by the Financial Ombudsman Service (FOS), and for failing to engage with us in an open and cooperative way. KBFS has failed to provide us with information requested about its financial position …
FCA places restrictions on KBFS Financial Limited Read More »
ASIC will look to take strong, targeted enforcement action in the coming months and into 2024, as part of its focus on member outcomes in the superannuation sector. The enforcement focus comes after ASIC’s enforcement and regulatory update highlighted ASIC’s work to protect consumers, including calling on banks to ensure better consumer outcomes and civil …
ASIC targets misconduct in superannuation sector Read More »
We foster financial stability and confidence in the financial markets and enhance protection for customers, investors and the insured.