Young Brits gamble on high-risk products to compete with friends
UK regulator unveils £11m campaign to help inexperienced investors understand the market
FCA
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Sustainability rule changes another tick box exercise for IFAs?
FCA and Treasury set out roadmap for ESG requirements in financial services
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Over 3,500 DB advice clients receive letter about compensation
Market is ‘particularly susceptible to consumer harm’ and improving it is ‘a key area of focus’ for FCA
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PEOPLE MOVES: FCA, Deutsche Bank WM, Quilter
Chair of the UK financial watchdog to step down in 2022, as wealth manager hires managing director in Asia
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One in five retired Brits fell for a financial scam
As warnings from the regulator skyrocketed by 100% in one year
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IFA banned for misleading taxman and the FCA
He understated his income for five years
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Tenet tidies up DB permissions
As some financial advisers in its network will no longer be able to process pension transfers
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FCA confirms ban against adviser arrested for child grooming
His appeal to have the decision overturned failed
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UK watchdogs team up to gauge value for money in DC pensions
Proposals will help consumers ‘challenge providers’ and ‘allow better comparisons between products’
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FCA injects £11m into fight against investment scams
Consumers lost £570m to fraudsters in 2020-21 alone
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FCA accused of ‘arrogance’ over LCF report response
As regulator apologises for ‘errors made in the handling of’ the mini-bond scandal
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FCA eyes faster removal of unused permissions
But watchdog cautioned against being ‘too heavy handed’