Displaying items by tag: regulation
FCA to tackle promotion of high risk investments
The FCA is introducing tougher new rules to tackle “misleading adverts” that encourage consumers to invest in high-risk products without understanding the risks.
FCA launches cost of living crisis guidance for firms
The FCA has launched a new section on its website to give regulated firms regularly updated guidance on helping clients hit by the cost of living crisis.
Hartley Pensions looks for sale as FCA intervenes
The FCA has intervened at troubled SIPP provider Hartley Pensions Limited to stop the firm accepting new pension contributions.
CEO of The Pensions Regulator to step down
The CEO of The Pensions Regulator, Charles Counsell, is to step down in 2023 after deciding not to seek a second term.
FCA to speed up removal of firms' unused permissions
The Financial Conduct Authority is to speed up the removal of regulated activities from firms failing to use their permissions.
1 in 5 advisers unready for new FCA Consumer Duty
A fifth (19%) of financial advisers admit they have not heard of the FCA’s new Consumer Duty and have not considered changes they may need to make.
Moret: Beware a surge in post-Carey SIPP complaints
In my last article I questioned just what is “fair and reasonable” when it comes to regulation. This was prompted by a recent FOS determination involving a complaint by a Mr T. against Rowanmoor Pensions.
FCA to tighten financial promotions rules
The Financial Conduct Authority is planning to tighten rules covering financial promotions for high-risk investment products.
FCA plans new Consumer Duty for firms
The FCA is to consult on introducing a sweeping new Consumer Duty which will require firms to do more to protect consumers from harm and bad financial decisions.
FCA cracks down on appointed reps
The FCA is consulting on plans to significantly strengthen regulation of appointed representatives (ARs) after analysis showed firms employing appointed reps suffered four times as many complaints as firms not using appointed reps.