The Pensions Regulator (TPR) has launched a new three-pronged scam prevention strategy as concerns over rising vulnerability amongst pension savers continue to rise.

The FCA is introducing tougher new rules to tackle “misleading adverts” that encourage consumers to invest in high-risk products without understanding the risks.

The FCA has launched a new section on its website to give regulated firms regularly updated guidance on helping clients hit by the cost of living crisis.

The FCA has intervened at troubled SIPP provider Hartley Pensions Limited to stop the firm accepting new pension contributions.

The CEO of The Pensions Regulator, Charles Counsell, is to step down in 2023 after deciding not to seek a second term.

The Financial Conduct Authority is to speed up the removal of regulated activities from firms failing to use their permissions.

A fifth (19%) of financial advisers admit they have not heard of the FCA’s new Consumer Duty and have not considered changes they may need to make.

In my last article I questioned just what is “fair and reasonable” when it comes to regulation. This was prompted by a recent FOS determination involving a complaint by a Mr T. against Rowanmoor Pensions.

The Financial Conduct Authority is planning to tighten rules covering financial promotions for high-risk investment products.

The FCA is to consult on introducing a sweeping new Consumer Duty which will require firms to do more to protect consumers from harm and bad financial decisions.