Displaying items by tag: FCA
Monday, 26 March 2018 12:59
FCA consider contingent charging ban for DB transfers
The Financial Conduct Authority has today proposed a ban on contingent charging on pension transfers and reaffirmed its view that DB transfers should be considered unsuitable unless there is a good reason to transfer.
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Friday, 02 March 2018 17:01
Annuity 'shop around' rules come into effect
Firms are now obliged to inform consumers how much they could gain from shopping around for annuities under new rules which take effect this week.
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Monday, 26 February 2018 12:32
FCA reveals plans for ‘wider’ public register
The FCA is proposing to retain a wider-scale public register of advisers and others working at financial services firms, it announced this morning.
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Thursday, 15 February 2018 13:54
MPs urge FCA to ban contingent charging on pension transfers
MPs call on FCA to ban contingent fees on DB pension transfers and establish an easy-to-use online register of pensions advice firms, MPs have demanded.
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Friday, 02 February 2018 10:55
FCA personal pensions probes to include Sipp review
The FCA has launched a probe into possible ‘harm’ to consumers in the non-workplace pensions market.
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Friday, 19 January 2018 10:13
3 SIPP firms declared in default by FSCS
Three SIPP operators have been declared in default by the FSCS after 150 claims were received, the body announced today.
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Friday, 05 January 2018 10:19
FCA appoints ex-lawyer as its new chairman
The FCA has appoointed Charles Randell, a former partner at law firm Slaughter & May, as its new chairman. He will take over from 1 April.
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Wednesday, 13 December 2017 14:30
FCA to scrap new Senior Manager regime hurdles
The FCA plans to scrap the application process to convert Approved Persons to Senior Managers as part of new proposals to overhaul the authorisation of individuals.
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Wednesday, 13 December 2017 14:23
Budget trouble for Ombudsman as complaints rise
In a 2018/19 budget consultation paper released today the Financial Ombudsman Service (FOS) has warned that it is expecting to receive more complaints than the budget it has available to deal with them.
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Wednesday, 13 December 2017 14:14
FCA tackles concerns over British Steel pensions
The FCA has responded to concerns expressed by members of the British Steel Pension Scheme (BSPS) about some of the financial advice they have received.
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