Displaying items by tag: regulation
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.
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.
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.
Regulators unite to tackle climate change issues
Financial services regulators have joined forces to address the attitude and approach of financial services firms to climate change.
National Audit Office to probe regulation of BSPS transfers
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.
FCA pushes £26.7m SIPP provider into insolvency
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.
£125m pension transfer adviser appeals FCA fine
The FCA has provisionally fined pension transfer financial adviser Geoffrey Edward Armin £1.28m for a number of advice failings.
Contingent charge ban cuts pension transfers
The ban on contingent charging and the pandemic have resulted in a major slump in pension transfers, according to new research.
FCA considers diversity targets for regulated firms
The FCA and other regulators may set diversity targets in future for regulated firms.