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Firms are now obliged to inform consumers how much they could gain from shopping around for annuities under new rules which take effect this week.
The FCA is proposing to retain a wider-scale public register of advisers and others working at financial services firms, it announced this morning.
MPs call on FCA to ban contingent fees on DB pension transfers and establish an easy-to-use online register of pensions advice firms, MPs have demanded.
The FCA has launched a probe into possible ‘harm’ to consumers in the non-workplace pensions market.
Three SIPP operators have been declared in default by the FSCS after 150 claims were received, the body announced today.
The FCA has appoointed Charles Randell, a former partner at law firm Slaughter & May, as its new chairman. He will take over from 1 April.
The FCA plans to scrap the application process to convert Approved Persons to Senior Managers as part of new proposals to overhaul the authorisation of individuals.
In a 2018/19 budget consultation paper released today the Financial Ombudsman Service (FOS) has warned that it is expecting to receive more complaints than the budget it has available to deal with them.
The FCA has responded to concerns expressed by members of the British Steel Pension Scheme (BSPS) about some of the financial advice they have received.
The FCA has begun civil proceedings in relation to “alleged misleading statements” on pension investments by a lead generation firm called Avacade Investment Options.
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