Displaying items by tag: FCA
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.
FCA calls for views on PRIIPs replacement
The FCA has called for views on potential disclosure rules to replace the Packaged Retail Investments and Insurance Products (PRIIPs) regime and the Undertaking of Collective Investment in Transferable Securities (UCITS) rules.
3 disqualified as directors over £44m SIPP mis-selling
Three directors - two of them IFAs - have been fined and disqualified as directors over a £44m SIPP mis-selling scheme.
FCA to step up financial promotion checks
The FCA is to impose additional checks on firms approving financial promotions.
FCA to alert pension savers to cash savings risk
The FCA is to push ahead immediately with plans to warn pension savers of the corrosive effect of inflation on cash savings.