Displaying items by tag: regulation

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.

The FCA is planning to increase its minimum fee for firms from £1,151 to £2,200, it announced today.

The FCA has given its senior managers more powers to make regulatory decisions to ensure action to prevent consumer harm is taken quicker.

Trade union Unite has given the Financial Conduct Authority a 10 day deadline to recognise the union.

The Financial Conduct Authority says its plans to become a 'data-led' regulator will mean "profound" change.

Financial services regulators have joined forces to address the attitude and approach of financial services firms to climate change.

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.

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.

The FCA has provisionally fined pension transfer financial adviser Geoffrey Edward Armin £1.28m for a number of advice failings.

The ban on contingent charging and the pandemic have resulted in a major slump in pension transfers, according to new research.