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Displaying items by tag: FCA

The Budget pension reforms do pose a risk of leading to misselling, the FCA's chief executive has admitted, following concerns raised by MPs.

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Thursday, 07 August 2014 14:29

Capital adequacy formula changes labelled 'odd'

Changes to the capital adequacy formula, which were announced this week, have been described as 'odd' by a Sipp provider.

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Wednesday, 06 August 2014 11:58

'Serious issues' with new capital adequacy rules

The Association of Member-Directed Pension Schemes has declared it has "serious issues" with aspects of the new capital adequacy rules.

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Tuesday, 05 August 2014 10:26

Capital adequacy: Sipps firm questions new rules

A Sipps firm has raised concerns over the new capital adequacy rules published by the FCA.

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Monday, 04 August 2014 11:44

New capital adequacy rules for Sipp operators

The FCA has revealed new rules on capital adequacy for Sipp operators this morning which will come into effect in September 2016.

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A pension provider has renewed calls for the introduction of a Sipp permitted investment list after a scathing report from the FCA.

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There will be 'dismay' among those working in the Sipp sector, a key figure at Barnett Waddingham says, after an FCA fired a broadside over 'unacceptable' widespread failings.
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The FCA has today sent a damning letter to all Sipp operators telling them there are still widespread failings which put consumers' pension savings at "considerable risk".

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Two people working at Sipp firms could be facing enforcement action from the Financial Conduct Authority.
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The FCA has finalised its guidance to firms offering annuity comparisons online after a review found 92% of websites failed to be clear and fair.
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