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Displaying items by tag: regulation
TPR calls for more diversity in pension assets
The Pensions Regulator (TPR) has called on pension professionals to consider a more diverse range of investments.
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.
FCA bans 4 over ‘reckless’ pension transfer advice
The FCA has banned four financial advisers, three provisionally, over “reckless” pension transfer advice which has so far cost £13.4m in compensation payments.
Pensions shake-up: Experts expect pension boost
A simple 'red, amber, green' traffic light system for pension scheme value could bring better clarity to workplace pensions and boost savings but may harm innovation, pensions experts say.
FCA’s Mills claims Consumer Duty a great success
Sheldon Mills, executive director of consumers and competition at the FCA, has claimed that Consumer Duty has been a great success in a speech at an event celebrating the Duty’s anniversary.
Average salary at the FCA tops £71,000
The average salary at the FCA has risen by an average of 4.8% this year to £71,290, with some younger staff members receiving an 11.2% increase.
FCA wants compulsory criminal background checks
The FCA is to consult on introducing compulsory criminal background checks on firm owners and controllers applying for authorisation from January 2025.
FCA plans to ban 2 over £10m of SIPP investments
The FCA has provisionally banned two financial advisers for “acting without integrity” in relation to SIPPs pensions advice involving £10m of investments.
FCA cuts delays in application approvals
The number of approved persons given the green light to work at appointed rep firms within three months of application has significantly improved in the latest quarter.
FCA consults industry as Pension Dashboards edge forward
The FCA has opened a consultation into new guidance to be added to its Perimeter Guidance Manual (PERG) as the much-delayed Pension Dashboards Programme continues to inch forwards.
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