The UK’s key financial regulators, the FCA, PRA and Treasury have today launched a sweeping review of the Senior Managers and Certification Regime (SM&CR).

The FCA has approved the first Long Term Asset Fund (LTAF) with Schroders becoming the inaugural provider.

The FCA is to launch a comprehensive thematic review of retirement income advice.

The FCA has warned that scammers may be targeting victims of the collapsed SIPP and SSAS provider Hartley Pensions.

The FCA has called for views on potential disclosure rules to replace the Packaged Retail Investments and Insurance Products (PRIIPs) regime and the Undertaking of Collective Investment in Transferable Securities (UCITS) rules.

Three directors - two of them IFAs - have been fined and disqualified as directors over a £44m SIPP mis-selling scheme.

The FCA is to impose additional checks on firms approving financial promotions.

The FCA is to push ahead immediately with plans to warn pension savers of the corrosive effect of inflation on cash savings.

The FCA is set to open the door to regulated 'simplified' financial advice to make advice cheaper and more accessible.

The Financial Conduct Authority said today that its expects more than 1,000 British Steel Pension Scheme (BSPS) members hit by poor pension transfer advice to start receiving redress calculations in 2023.