Displaying items by tag: Coronavirus
FCA delays publication of Annual Report and Accounts
The FCA has pushed back publication of its Annual Report and Accounts - due this month - for at least two months due to the Coronavirus pandemic.
FCA launches Covid-19 survey of 13,000 firms
The FCA has today launched a survey of 13,000 regulated firms to assess how their ‘financial resilience’ may have been affected by the Coronavirus outbreak.
Mattioli Wood mulls more acquisitions but cuts costs
Wealth manager and SIPP firm Mattioli Woods forecast today that 2020 revenues would match 2019 and a round of cost cutting should help maintain profits.
New roadmap for regulatory initiatives is published early
The Financial Services Regulatory Initiatives Forum has brought forward the launch of its Regulatory Initiatives Grid to today.
1 in 10 over-55s taking pension cash early - AJ Bell
New research suggests that 1 in 10 over-55s (11%) have either accessed their pension early or plan to do so due to the Coronavirus outbreak.
TPR issues Covid-19 pension transfer warning
The Pensions Regulator has warned savers looking to transfer their pension pot during the Covid-19 outbreak that the move is “unlikely” to be in their best long term interests.
AJ Bell reports client numbers up but AUA down
Platform and SIPP provider AJ Bell has reported client numbers up 22% to 262,179 over the past 12 months.
FCA extends exam deadline by 12 months
The FCA is to give staff at regulated firms an additional 12 months to pass professional exams due to the Coronavirus outbreak.
Transact FUD falls 11% in Q1 but up yoy
Platform Transact has reported that quarterly Funds Under Direction fell 11% in the first quarter (to 31 March) from £39.31bn to £34.99bn, a drop of £4.4bn.
Sunak extends RPI pension consultation
Chancellor Rishi Sunak has extended the consultation on scrapping the RPI inflation measure by four months to August.