Displaying items by tag: FCA
Pension freedoms cost savers £2bn in lost returns
Savers cashing out their pension pots to take advantage of pension freedoms since 2015 are set to lose £2bn as a result, according to new research.
Pension fraud 9 times more likely online – FCA
Pension savers are nine times more likely to accept advice from a pension scammer online than they would in person, according to new research from the Financial Conduct Authority (FCA).
FCA considers diversity targets for regulated firms
Promotion of Pension Wise risks undermining Planners
The Financial Conduct Authority’s (FCA) pension guidance consultation is too skewed to promotion Pension Wise and risks detracting from Financial Planners who may better serve customers, according to pension and investment providers.
FCA boosts British Steel claim applications
The Financial Conduct Authority (FCA) has published a new web page to help British Steel workers who transferred out after receiving unsuitable advice better understand the claims process.
FCA issues warnings on unauthorised comparison sites
The FCA has launched a major crackdown on scam bond and investment comparison websites in signs of a tougher approach from the regulator.
FCA plans to strengthen consumer protection
The FCA is to consult on plans for a new ‘Consumer Duty’ for regulated firms which will set a "higher level" of protection for consumers buying retail finance products and services.
Curtis Banks named in FCA complaints data
Curtis Banks was in the top 10 of complained to companies, according to the latest complaints data from the FCA.
FCA sorry for failings as LCF victims get £120m payback
The FCA has apologised for its handing of the collapse of London Capital & Finance (LCF) and the Connaught Income Fund Series 1 and has set out its approach to assessing related complaints.
FCA appoints first chief data officer
The Financial Conduct Authority has appointed its first chief data officer among five new appointments announced today as it pushes ahead with its ambition to become a 'data-driven' regulator.