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Displaying items by tag: FCA

Friday, 14 September 2018 14:32

SIPP provider hit by clone scam attack

The FCA has issued a warning about scammers running a clone of Bestinvest, the well known SIPP and direct investment firm run by Financial Planner and wealth manager Tilney.
Published in Articles
The FCA recently published its final report on the Retirement Outcomes Review which has some interesting ideas to improve the experience of non-advised consumers, but some of the areas could cause difficulties for the SIPP sector.
Published in Comment and Blogs
The FCA is set to take over regulation of claims management companies and estimated the cost to be in the region of £17m.
Published in Articles
The launch of a new FCA and TPR campaign to boost awareness of pensions scams has been welcomed by the profession.
Published in Articles
Tuesday, 07 August 2018 13:07

FCA working on ‘global sandbox’ plans

The FCA, alongside 11 financial regulators and related organisations, has today announced the creation of the Global Financial Innovation Network (GFIN), building on the regulator’s proposal to create a ‘global sandbox’.
Published in Articles
Wednesday, 01 August 2018 17:56

FCA bans IFA firm CEO as FSCS faces £106m bill

The Upper Tribunal has upheld an FCA decision to fine and ban Alistair Burns, chief executive of advice firm TailorMade Independent Limited, as it was confirmed that the FSCS compensation bill for his failed business could hit £106.5m.
Published in Articles
At first glance, how the Financial Conduct Authority (FCA) intends to improve retirement outcomes for non-advised consumers may appear of little relevance to advisers. And with no short supply of regulatory changes affecting their businesses’, many advisers might have concluded that the time spent reading CP18/17 was more a luxury than a necessity.
Published in Articles
A new report, by the FCA Practitioner Panel, has highlighted that the regulator has room for improvement in international regulation and Brexit.
Published in Articles
The FCA’s Brexit head Nausicaa Delfas says the regulator is ready for all potential outcomes of the final Brexit negotiations, including a ‘cliff-edge’ or hard Brexit.
Published in Articles
A financial services alliance, with a combined global membership of 200,000, has called on the FCA to “do more to support professionalism in UK financial services.”
Published in Articles
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