Displaying items by tag: regulation
Unite gives FCA 10 day deadline for union recognition
Trade union Unite has given the Financial Conduct Authority a 10 day deadline to recognise the union.
FCA predicts data-led regulation will mean profound change
The Financial Conduct Authority says its plans to become a 'data-led' regulator will mean "profound" change.
Regulators unite to tackle climate change issues
Financial services regulators have joined forces to address the attitude and approach of financial services firms to climate change.
National Audit Office to probe regulation of BSPS transfers
The National Audit Office, the UK’s independent public spending watchdog, is to probe the FCA’s handling of the British Steel Pension Scheme restructuring which resulted in many steelworkers transferring their pensions into SIPPs.
FCA pushes £26.7m SIPP provider into insolvency
The Financial Conduct Authority (FCA) has ordered that Cambridgeshire SIPP provider DAC Pensions Limited be placed into insolvency after the firm accepted business from unauthorised introducers without the proper vetting required by the FCA.
£125m pension transfer adviser appeals FCA fine
The FCA has provisionally fined pension transfer financial adviser Geoffrey Edward Armin £1.28m for a number of advice failings.
Contingent charge ban cuts pension transfers
The ban on contingent charging and the pandemic have resulted in a major slump in pension transfers, according to new research.
FCA considers diversity targets for regulated firms
The FCA and other regulators may set diversity targets in future for regulated firms.
SIPP adviser banned as a director for 13 years
Chartered Financial Planner Darren Antony Reynolds has been banned from being a director for 13 years for pension transfer failings which resulted in clients losing £24 from their pensions.
FCA issues warnings on unauthorised comparison sites
The FCA has launched a major crackdown on scam bond and investment comparison websites in signs of a tougher approach from the regulator.