FCA

‘FCA cannot be held accountable for the rules they have created’

Written to more than 3,000 principals about their obligations

‘Rules already in place and going to become more severe’

FCA's Mark Manning made the announcement at SIF 2023

Part of thematic review into retirement income advice

Includes a 24-hour cooling-off period for first time investors

Health events, life events, resilience and capability

Costs arising from the new regulation may have lasting impact on firms

The FCA’s new regulation could widen the advice gap, John Porteous says

The regulator is ensuring fair compensation for BSPS members