FCA

Displaying items by tag: FCA

Friday, 10 March 2017 09:21

FCA plans to revise pension redress methodology

The FCA is planning to update the methodology used to calculate redress owed to consumers given unsuitable advice to transfer out of a defined benefit pension scheme.

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FCA
pensions

Tuesday, 24 January 2017 12:17

FCA warns pension operators over non-standard assets

The FCA has warned pension scheme operators over failing to identify non-standard assets.

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Tuesday, 13 December 2016 12:07

FCA warns pension firms over high cost risks found in review

The FCA’s chief executive has warned some pension providers they must take action quickly after the regulator found customers were still at risk of high costs and charges.

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Friday, 09 December 2016 15:01

Sipps firms included in FCA’s tougher closed-book stance

The FCA has told providers - including Sipps companies - who are operating ‘closed books’ of business to follow new guidance and review their practices within three months of today.

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Thursday, 01 December 2016 11:48

CEO to get ban over 'unsuitable' Sipp-related advice

An adviser is set to be banned and fined over 'unsuitable' advice related to switching pension funds via Sipps into unregulated investments.

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Friday, 25 November 2016 15:25

John Moret: MPAA and the threat to pension tax relief

Showing my age, one of my all time favourite Motown songs is: “The world is like a great big onion” by Marvin Gaye and Tammi Terrell. I am reminded of this classic at every budget or autumn statement because our pensions world has been growing like an onion – with layer upon layer of complexity added almost every time the Chancellor gets to his feet.

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Monday, 28 November 2016 15:22

FCA may introduce tougher scrutiny of retirement income sector

The FCA is mulling proposals to introduce two new regulatory returns to collect more data about the retirement income market from providers of retirement income products.

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Friday, 18 November 2016 13:15

FCA wants consideration of greater pooling of pension fund assets

The Financial Conduct Authority wants the fund sector to explore the potential benefits of greater pooling of pension scheme assets in an effort to cut costs as part of its review of the asset management sector.

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Friday, 14 October 2016 10:31

Guest column: Sipp illustrations that just don’t illustrate

In six months’ time, April 2017, all Sipp providers will need to have changed their illustration systems so that they show the margin they retain on cash holdings, writes Elaine Turtle, director of DP Pensions.

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Friday, 07 October 2016 15:32