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FCA

Investment

FCA orders structured product shake-up over complexity and value

Providers of structured products need to better assess if the investments are value for money for investors who struggle to understand them and tend to significantly over-estimate returns, the regulator has said.

clock 05 March 2015 •

Regulation

Percival hints at FCA-FOS talks on suitability

Financial Conduct Authority (FCA) technical specialist Rory Percival has hinted the regulator and ombudsman are working to agree on guidelines around suitability reporting for advisers.

clock 05 March 2015 •

Software

Call for FCA to define half the UK as 'vulnerable' consumers

The regulator's definition of "vulnerable consumer" must include those with gaps in their understanding of financial terms and products to prevent another misselling scandal, a software provider has said.

clock 05 March 2015 •

Pensions

FCA tightens grip on DB transfers ahead of pensions freedom

All defined benefit (DB) pension transfers after 6 April will be regulated by the Financial Conduct Authority (FCA) to ensure mandatory advice has been taken and fully understood.

clock 04 March 2015 •

Your profession

FCA non-exec director and TPAS chairman dies after short illness

Non-executive director of the Financial Conduct Authority (FCA) David Harker has died aged 64 after a short illness.

clock 04 March 2015 •

Regulation

No joy for Arch cru investors as fund wind-up 'unlikely' by year end

Arch cru investors have been told they must continue to wait to get back what value there is left in the failed fund range, as the liquidation process looks set to drag on beyond this year.

clock 02 March 2015 •

Pensions

DWP and FCA accelerate project to brighten 'dark corners' of pension charging

The Financial Conduct Authority (FCA) and Department for Work and Pensions (DWP) have issued a call for evidence on which costs should be included in annual charge disclosures on workplace pension schemes, as part of a project to allay savers' fears about...

clock 02 March 2015 •

Regulation

FCA 'behind the curve' on pensions freedom regulation

The Financial Conduct Authority (FCA) is "well behind the curve" on pensions freedom regulation and is operating a watching brief to act after things go wrong, Bruce Moss has said.

clock 27 February 2015 •

Regulation

This signposting to advice is welcome indeed, but...

This signposting to advice is welcome indeed, but...

clock 27 February 2015 •

Regulation

Providers must give pensions freedom retirees 'personalised risk warnings'

Pension providers must give consumers looking to access their pension pots after 6 April "personalised risk warnings" before selling them retirement income products, the Financial Conduct Authority (FCA) has said.

clock 27 February 2015 •
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