The Pensions Ombudsman has admitted it has been struggling to cope with rising demand as figures show a 42% increase in investigations over five years. Read more ...
FCA: Use comics to communicate better with consumers
- Thursday, 25 June 2015
- Articles
Comics are one of the “smarter and more effective” ways firms should be communicating with consumers, the FCA has suggested. Read more ...
FCA sets out poor value insurance product review
- Wednesday, 24 June 2015
- Articles
The FCA has set out options for measuring value of general insurance products following concerns about poor value and a lack of effective competition. Read more ...
Rubber stamped: Advisers get £74.9m bill to pay for the FCA
- Tuesday, 23 June 2015
- Articles
A £75m bill is heading the way of financial advisers to pay for the FCA in this financial year – a jump of 10.2%. Read more ...
FCA told: Probe pension firms on failure to treat consumers fairly
- Thursday, 18 June 2015
- Articles
The FCA must fire a warning to firms that barriers stopping savers accessing their pensions are unacceptable, the Government has commanded. Read more ...
Chancellor: UK financial sector to be world's best regulated
- Wednesday, 17 June 2015
- Articles
Chancellor George Osborne has set out his ambitions to make Britain’s financial services sector the best regulated in the world and to have the highest standards. Read more ...
Total FCA fines in a year trebled to £1.5 billion
- Wednesday, 17 June 2015
- Articles
The FCA fined firms over £1.47billion in 2014, which was about treble the amount of the previous year. Read more ...
FCA: Help us tear down obstacles to innovation
- Wednesday, 17 June 2015
- Articles
FCA chiefs have reiterated their desire today to tear down the obstacles blocking the path for finance firms wanting to use digital and mobile technology to innovate. Read more ...
FCA rule changes may lead to further upskilling, says expert
- Wednesday, 10 June 2015
- Articles
Rule changes to make advising on the transfer of safeguarded pension benefits into flexible benefits a regulated activity could lead to further up skilling in the industry, a pensions expert believes. Read more ...
FCA bans equity release adviser for £1m 'illegitimate' transfers
- Tuesday, 09 June 2015
- Articles
An equity release adviser who made “illegitimate transfers” totalling £1,000,000 has been hit with a ban by The Financial Conduct Authority today. Read more ...