Displaying items by tag: FCA
FCA to look at targeted support for pension savers
The FCA has revealed that its Consumer Duty priorities for the coming months will include looking at targeted support for pension savers.
Group of MPs and Lords brands FCA as ‘incompetent’
MPs and members of the House of Lords have this week published a critical report on the Financial Conduct Authority (FCA), branding the regulator ‘incompetent.’
FCA releases Pensions Dashboard rules but no timetable
The FCA has published new rules firms must follow when designing and operating commercial Pensions Dashboards.
FCA warns SIPP operators over Consumer Duty
The FCA has warned SIPP operators over lack of progress over concerns that their actions could lead to “harm to individual consumers.”
FCA bans adviser duo for pension transfer failings
The Financial Conduct Authority has banned Steven Hodgson and Paul Adams of Stockton-on-Tees-based Vintage Investment Services from advising customers on pension transfers and opt-outs.
Radical reforms ready for take-off says FCA’s Rathi
The Financial Conduct Authority is ‘up for’ taking on greater risk and its more ‘radical’ reforms are ready ‘for take-off’ according to chief executive Nikhil Rathi.
FCA data reveals surge in pension withdrawals
The latest FCA retirement income data for 2023/24 has revealed a 20% rise in the number of pension plans accessed for the first time between April 2023 and March 2024.
FCA to change enforcement approach
The Financial Conduct Authority is changing its enforcement approach as it aims to act faster and with more transparency.
Platform losses not an excuse to keep cash interest - FCA
Some investment and SIPP providers have been retaining interest earned on cash-holdings to subsidise loss-making platforms, according to an FCA study published today.
FCA says firms must improve pensions engagement
The FCA has called on advisers and providers to think beyond email messages to boost pension engagement with consumers.