Pension advice firm fails
FSCS has already received two claims against the company
FCA
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Number of fines issued by the FCA doubled in 2022
As the UK regulator looks to take a more ‘proactive and assertive approach’
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FCA to review compensation limits for pension claims
As the regulator continues to move towards a ‘polluter pays’ FSCS model
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FCA eyes replacement to Priips regime
‘The current rules make it very difficult for consumers to get the information they need’
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FCA begins targeted review of appointed representatives
It is writing to principal firms requesting mandatory information about their ARs
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FCA takes hard line on rogue financial promotions
Additional measures aim to clamp down on illegal, unfair or misleading marketing
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‘Woeful’ British Steel IFA company fined £2.4m
It provided unsuitable pension transfer advice to both BSPS and other DB members
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FCA wants pension providers to boost consumer engagement
As it sets out standards to make sure savers can access ‘value for money products’
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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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FCA urges prompt action from British Steel PI insurers
To ensure the redress scheme ‘runs as smoothly as possible’
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£49m British Steel redress scheme gets greenlight from UK regulator
More than 1,000 consumers are expected to be compensated