Displaying items by tag: FCA
FCA to revamp performance scenario rules
The FCA has made significant changes to the rules on Packaged Retail and Insurance-based Investment Products (PRIIPs) in one of its first major moves away from EU regulation.
SIPP firm Heritage Pensions goes into liquidation
SIPP provider Heritage Pensions Limited has gone into liquidation this week after a string of upheld claims against the firm.
NAO report damns BSPS regulated market failings
The regulated financial market failed to protect the British Steel Pension Scheme members, according to a damning report from the National Audit Office (NAO) into the wave of bad advice given to BSPS members.
FCA may permit 'side pocketing' of Russian assets in funds
The FCA is to consult on allowing fund managers to ring-fence or 'side pocket' sanctioned Russian investments so the funds could continue to trade.
FCA restricts Hartley Pensions from new business
The Financial Conduct Authority (FCA) has placed a restriction on Bristol-based SIPP provider Hartley Pensions preventing the firm from taking on any new business.
FCA caps Claims Management Company charges
The Financial Conduct Authority (FCA) has introduced a cap on fees for claims management companies (CMCs).
AJ Bell opposes FCA plans for ‘default’ pension fund
AJ Bell has opposed FCA plans for a default investment fund for non-workplace pensions.
FCA stops British Steel adviser asset sale
The Financial Conduct Authority (FCA) has stopped AJH Financial Services Limited (AJH) from disposing of assets without FCA permission.
FCA confirms SIPPs must be on Pensions Dashboards
The Financial Conduct Authority has published a consultation paper today on Pensions Dashboards which explicity confirms that SIPPs will be included in Pensions Dashboards.
FCA says misleading financial promotions doubled in 2021
New FCA data has revealed that misleading financial promotions by authorised firms more than doubled from 207 in 2020 to 564 in 2021.