Displaying items by tag: FCA
BSPS victims may get FCA redress scheme
The FCA is to consult on launching a redress scheme for pension transfer victims of the British Steel Pension Scheme (BSPS) debacle.
FCA plans new Consumer Duty for firms
The FCA is to consult on introducing a sweeping new Consumer Duty which will require firms to do more to protect consumers from harm and bad financial decisions.
FCA says SIPP claims a factor in compensation shake-up
The FCA has launched a major review of the funding of the Financial Services Compensation Scheme due to soaring costs, including rising SIPP claims.
FCA cracks down on appointed reps
The FCA is consulting on plans to significantly strengthen regulation of appointed representatives (ARs) after analysis showed firms employing appointed reps suffered four times as many complaints as firms not using appointed reps.
FCA set to increase minimum firm fee to £2,200
The FCA is planning to increase its minimum fee for firms from £1,151 to £2,200, it announced today.
FCA beefs up powers for its senior managers
The FCA has given its senior managers more powers to make regulatory decisions to ensure action to prevent consumer harm is taken quicker.
FCA proposes default investment option for SIPPs
The Financial Conduct Authority wants pension providers, including SIPP firms, to offer a default investment option to non-workplace pension clients.
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.
AIC welcomes delays to KIDs changes
The Association of Investment Companies has welcomed a decision by the FCA to delay proposed changes to Key Information Documents (KIDs).
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.