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Victims of pensions scams could lose 22 years’ worth of savings within 24 hours, according to new analysis by the Financial Conduct Authority (FCA) and The Pensions Regulator (TPR).
These startling figures come as the FCA and TPR re-launch ScamSmart; a campaign supported by the AIA which aims to encourage people to protect a lifetime of savings.
The newly comprised AIA Regulatory Oversight Committee (ROC) held its first meeting on 6 November 2019 at the headquarters of the Commonwealth Secretariat in London.
Reporting to the AIA Council, the ROC’s role provides an additional level of independent scrutiny to ensure AIA continues to meet its regulatory requirements as a supervisory body under Schedule 1 of the Money Laundering Regulations 2017.
AIA is pleased to be announced as an AccountingWEB Live partner to help curate its content programme.
The event due to be held on 2-3 December 2020 is the UK's newest accounting exhibition, blending inspiring, practical content with cutting edge technology showcases and a fully CPD-accredited educational programme.
AIA members voted to adopt a revised constitution at a general meeting on 5 November 2019. The new constitution comes into effect today, 6 November 2019.
The overall coverage of the Constitution has not been significantly altered, i.e. AIA’s membership requirements, qualification standard and obligations for members to adhere to AIA’s rules, regulations and Code of Ethics remain in place.
AIA’s annual conference will take place on the 16 November in Hong Kong and provides an opportunity to interact with business leaders and finance professionals, as well as gain invaluable knowledge of the rapidly changing world of taxation.