The FCA has responded robustly to complaints about the time it took to provide redress to victims of the British Steel Pension Scheme (BSPS) scandal.
The FCA is keeping a close eye on an ‘uptick’ in overseas firms trying to establish an operation in the UK but keeping senior staff overseas.
The FCA’s thematic review - which investigated how firms were providing retirement income advice - has demonstrated the value of a good Financial Planner, according to financial professionals.
FCA CEO Nikhil Rathi has said that the FCA will take a ‘pragmatic’ approach to enforcing its new Consumer Duty.
The Advice Guidance Boundary Review is considering the role of digital and automated channels in order for consumers to access pensions planning support, according to FCA CEO Nikhil Rathi.
The ABI, the trade body for insurance and long-term savings providers, has urged the FCA to include pensions decumulation in its proposed 'simplified advice' rules.
The Treasury has written to the FCA and other regulators asking them to disclose their strategies on Artificial Intelligence (AI) regulation.
The FCA is to quiz the 20 biggest advice firms about their ongoing advice fees and how they are monitoring implementation of the Consumer Duty.
Three London-based men have been arrested on suspicion of insider dealing, conspiracy to insider deal and money laundering linked to organised crime.
Over 10,000 financial adverts and other promotions were withdrawn or changed last year following intervention from the FCA.
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