Displaying items by tag: FCA
FCA bars BSPS adviser from offering £50 redress to clients
The FCA has imposed restrictions on a financial adviser firm based in South Wales to prevent it from making unsolicited offers of £50 in redress to BSPS members.
FCA warns SIPP firms on Consumer Duty
Ahead of the new Consumer Duty requirements, the FCA has warned SIPP operators to ensure standards of conduct are high amid concerns about problems in the sector.
FCA warns of overseas pension transfer risk
The FCA has warned of increased risk to consumers when overseas firms refer defined benefit (DB) scheme members to UK firms - including SIPP firms - for pension transfer advice.
BSPS redress scheme scrapped after FCA challenge
A legal challenge against the Financial Conduct Authority’s decision to set up a redress scheme for former British Steel Pension Scheme (BSPS) members has been scrapped.
FCA halts trading at wealth manager as arrest made
The FCA has ordered Newcastle-based wealth manager WealthTek Limited Liability Partnership to cease all regulated activities following the discovery of regulatory and operational issues.
FCA increases fees for Planner firm block by 8.9%
The Financial Conduct Authority has revealed plans to raise its annual fee charged to its Financial Planning firm segment by 8.9% for 2023/24.
Senior Managers’ regime review under way
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).
Schroders launches first Long Term Asset Fund
The FCA has approved the first Long Term Asset Fund (LTAF) with Schroders becoming the inaugural provider.
FCA launches review of retirement income advice
The FCA is to launch a comprehensive thematic review of retirement income advice.
FCA warns on scammers targeting Hartley victims
The FCA has warned that scammers may be targeting victims of the collapsed SIPP and SSAS provider Hartley Pensions.