FCA accused of senior managers regime hypocrisy
Critical LCF report alleges watchdog has not met the standards ‘which it seeks to impose upon others’
FCA
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Aegon to shut Property Income fund
‘I fear that this will just be the most recent victim of an issue that will affect many others in the future’
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UK advice company fails
Months after it received an asset retention requirement from the FCA
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UK watchdog takes aim at 133 EEA firms
13 have seen their business restricted and 120 will be removed from ‘regulatory perimeter’
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2.3 million Brits now hold cryptoassets
But only 7% of IFAs would recommend their clients invest in digital currencies
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Ex-Barclays Wealth financial planner sets up UK advice firm
It will be a company ‘where people can come and engage and it’s never about the money first’
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Investment projections should mirror ‘product potential’
When returns are low, ‘firms should already be using rates that are below the cap’, FCA says
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FCA eyes powers to shut down firms faster
They will help consumers ‘avoid financial harm such as scams’
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FCA urges British Steel DB victims to claim compensation
Even those happy with the transfer encouraged to come forward
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Have long-term low rates skewed investment projections?
‘It is vitally important they are realistic, understandable and consistent’
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Patience wearing thin with FCA’s ‘snail pace’ Woodford progress
Watchdog must ‘recognise its own failings in this saga and not just act as judge, jury and executioner’
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S African firm to pay £61.9m to cover ‘errors’ at UK arm
It was sold nearly a decade ago but enhanced transfer value liability remains