Displaying items by tag: FCA

The sweeping reforms to pensions introduced in the Budget have increased the need for regulators to protect consumers, the chairman of the FCA has said.

The Financial Conduct Authority has issued a warning about individuals being encouraged to transfer assets from their work pension schemes into Sipps as part of a deal to buy one company's shares.

The Budget pension reforms do pose a risk of leading to misselling, the FCA's chief executive has admitted, following concerns raised by MPs.

Changes to the capital adequacy formula, which were announced this week, have been described as 'odd' by a Sipp provider.

The Association of Member-Directed Pension Schemes has declared it has "serious issues" with aspects of the new capital adequacy rules.

A Sipps firm has raised concerns over the new capital adequacy rules published by the FCA.

The FCA has revealed new rules on capital adequacy for Sipp operators this morning which will come into effect in September 2016.

A pension provider has renewed calls for the introduction of a Sipp permitted investment list after a scathing report from the FCA.

The FCA has today sent a damning letter to all Sipp operators telling them there are still widespread failings which put consumers' pension savings at "considerable risk".