The Pensions Regulator (TPR) is to shift to a more prudential-style of regulation to protect savers from systemic risk.
Pension transfer specialist adviser Philip Pryke has been fined £1.4m by the FCA after his firm advised on 986 transfers, many of them not in the client’s best interests.
More than 9 in 10 financial advisers (95%) have had to apologise to clients for poor platform service in 2024, according to a new report.
Failed SIPP operator Intelligent Money has been declared in default today by the Financial Services Compensation Scheme, opening the door to ex-clients with valid claims to receive compensation.
The FCA plans to give firms subject to enforcement investigations a 48 hour window to view the contents of any announcements before they are made public.
The number of whistleblowing reports rose by 15% (year-on-year) to 322 in the third quarter of this year.
The firm-facing requirements of the MiFID regulations are to be transferred into FCA Handbook rules next year.
Over eight in 10 advisers (83%) want increases to auto-enrolment minimum contributions, a lower minimum age, or both, according to a new report.
Many people are failing to prioritise retirement planning until age 55, according to a new report which paints a worrying picture of late or poor preparation.
A sacked HM Revenue and Customs (HMRC) officer who abused her position to help her husband launder £3.3m of criminal money has been sentenced today.