A firm told to cease all regulated activity by the FCA after it breached an agreement to stop advising on pension transfers and another, named Financial Planning & Investment Limited, have both been declared in default.
Read more ...‘Financial Planning’ firm and FCA transfer ban business on failed list
- Thursday, 20 July 2017
- Articles
Nearly 100 firms examined by FCA in DB transfer review
- Tuesday, 18 July 2017
- Articles
Nearly 100 companies have been examined by the FCA as part of its DB transfer advice investigations.
Read more ...Platforms' commercial relationships under FCA scrutiny
- Monday, 17 July 2017
- Articles
The FCA is to shine a spotlight on how platforms are influenced by their commercial relationships.
Read more ...FCA probes if clients ‘harmed’ by adviser platform choices
- Monday, 17 July 2017
- Articles
The FCA will investigate if consumers are being harmed by a mismatch between the interests of the adviser and client when advisers select a platform.
Read more ...New pension transfers qualification as FCA tightens rules
- Friday, 14 July 2017
- Articles
The Chartered Insurance Institute is preparing the launch of a new pension transfers qualification following FCA plans to tighten the advice requirements for the transfer of safeguarded benefits.
Read more ...3,600 pay outs for wrong 'risky' Sipp advice cost £105m
- Thursday, 13 July 2017
- Articles
Nearly 3,600 consumers have been compensated for wrongly being advised to switch savings into ‘risky’ assets within SIPPs – at a cost of £105m.
Read more ...ABI disputes FCA finding over 'new norm' of cashing in pension
- Thursday, 13 July 2017
- Articles
The ABI has disputed the FCA’s finding that accessing pension savings early has become 'the new norm'.
Read more ...Should the FCA intervene to curtail the pensions freedoms?
- Wednesday, 12 July 2017
- Articles
The Financial Conduct Authority has identified a number of pension areas where ‘intervention’ may be necessary following the introduction of the pension freedoms in April 2015.
Read more ...All the key reaction to FCA report on 'the new norm' in pensions
- Wednesday, 12 July 2017
- Articles
The Financial Conduct Authority has identified a number of pension areas where ‘intervention’ may be necessary following the introduction of the pension freedoms in April 2015.
The regulator today published the interim findings of its Retirement Outcomes Review which was launched in July 2016. It is the first major study into how the retirement income market is changing since the pension freedoms.
Read our live blog below for all the reaction...
‘Disturbing’ FCA findings show ‘bonkers’ behaviour
- Wednesday, 12 July 2017
- Articles
The FCA’s findings in its Retirement Outcomes Review are ‘disturbing’ and show ‘bonkers’ behaviour from savers, industry commentators said this morning.
Read more ...