Displaying items by tag: FCA

The FCA’s ban on contingent charging introduced in 2020 led to a dramatic fall in the number of DB transfers, but had little impact on fees, the regulator said.

The Financial Conduct Authority has published proposals today which would pave the way for a new generation of smaller corporate bond issues aimed at retail investors and wealth managers.

For the first time the FCA is to survey all regulated firms for its annual Practitioner Panel joint survey.

FCA CEO Nikhil Rathi has pledged to “revolutionise financial advice” as part of a package of reforms to break down the barriers to business growth in financial services.

New analysis of FCA fines data has revealed that the total amount of financial penalties imposed by the regulator in 2024 tripled compared to 2023.

A new FCA consumer study has found that younger people - those aged 18-40 - are impulsive and heavily influenced by social media when it comes to investing.

The FCA has provisionally banned and fined two financial advisers over failings involving £126m of allegedly "flawed advice" pension transfers.

Financial advisers have broadly welcomed the FCA’s new proposals for targeted support for pension savers but have warned more clarity is needed if they are to succeed.

The FCA has revealed that its Consumer Duty priorities for the coming months will include looking at targeted support for pension savers.

MPs and members of the House of Lords have this week published a critical report on the Financial Conduct Authority (FCA), branding the regulator ‘incompetent.’