Displaying items by tag: FCA
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.
FSCS probes SIPP links to pension transfer firm
The FSCS has joined forces with the FCA and Financial Ombudsman Service to investigate a Telford-based pension transfer adviser with links to a Portuguese expat specialist company.
Surprise 15% leap in SIPP sales in 2021
SIPP sales rose by a surprise 15% last year from 740,418 plans set up in 2020 to 851,963 in 2021, according to the latest retail investment data from the FCA.
PFS challenges FCA approach to British Steel compensation
The Personal Financial Society (PFS) has asked the Financial Conduct Authority (FCA) to reconsider its plans for assessing the amount of compensation owed to British Steel pension scheme (BSPS) members.
DWP calls for thoughts on decumulation
The Department for Work and Pensions (DWP) has called for views on decumulation and helping savers understand their pension choices.
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.
FCA bans 5 advice firm directors for pension mis-selling
The Financial Conduct Authority has banned five directors of financial advice firms from working in financial services and fined them over £1m.
FCA CEO defends staff pay after 2 day strike
FCA CEO Nikhil Rathi has defended the pay packages of staff - some of whom went on strike this week - as “possibly the best package” among UK regulators.
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.
FCA revamps pension transfer ‘advice checker’ tool
The FCA has relaunched its pension transfer ‘advice checker’ tool for consumers to help them assess whether they have received unsuitable advice.