FCA wants pension providers to boost consumer engagement
As it sets out standards to make sure savers can access ‘value for money products’
Tax & Regulation
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FCA to unveil £5,000 fee for financial promotion applications
Following amendment to prohibit firms undertaking marketing on behalf of unauthorised businesses
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‘Watershed moment’ as FCA eyes simplified advice regime
In a bid to provide mass market consumers with greater access to services
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Just 26% of advisers have wealth transfer strategy
Next-gen clients being ignored as IFAs focus on older, wealthier investors
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How can networks help advice firms?
Changes in regulation and Brexit have put an increasing amount of pressure on advisory and wealth businesses
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‘Great disappointment’ as Macron backtracks on US Fatca talks
Mere days after confirming he would have raised the issue with president Biden
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Another IFA firm goes bust in the UK
A claim relating to a Sipp has already been filed with the FSCS
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FCA urges prompt action from British Steel PI insurers
To ensure the redress scheme ‘runs as smoothly as possible’
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Macron pledges to discuss Fatca with Biden
Accidental Americans hope the US president ‘will recognise the gravity of the problem’
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£49m British Steel redress scheme gets greenlight from UK regulator
More than 1,000 consumers are expected to be compensated
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Financial guidance reform to spur ‘cultural change’ in advice sector
UK parliamentary committee amendment will provide clarity on advice-guidance blurred lines
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FSCS predicts 24% drop in levy for 2023/24
With no additional increases expected for the current financial year