17th December 2024 FCA bans and fines duo more than £670,000 for 'flawed advice model' 92% of clients were advised to transfer out of their defined benefit pension schemes, resulting in over £126m of funds being transferred.
12th December 2024 One strike and you’re out? James Kaufmann, corporate partner at Hill Dickinson, analyses the peculiar reasoning behind the FCA’s recent decision to ban a financial adviser from working in financial...
12th December 2024 FCA proposes 'free targeted support' in bid to tackle... The regulator says millions of people could get more support with their pensions under new proposals.
10th December 2024 1.7 million mortgage holders have utilised Mortgage Charter rules: FCA 149,000 mortgages have temporarily reduced monthly payments via the rules.
9th December 2024 Advisers frustrated with Consumer Duty 'Products and Services'... Over a third of advice firms believe there’s been no progress towards the Consumer Duty’s Products and Services outcome.
28th November 2024 FCA relaxes name and shame proposals after 'significant concerns' Firms will now be given 10 days’ notice ahead of any announcement being made, rather than the one day originally consulted on.
27th November 2024 FCA to reduce restrictions on senior banker bonuses The changes follow on from 2023’s removal of the banker bonus cap.
26th November 2024 FCA fines bank £13m for "serious control failures" leading to... The failures allowed a trader to conceal over 400 fictitious trades.
26th November 2024 MPs consider abolishing 'incompetent' FCA in hard-hitting report Members debated whether the FCA should be reformed or replaced.