Tax & Regulation
Quilter subsidiary escapes fine over DB pension transfer advice
Following an investigation by the UK financial watchdog
EU set to backtrack on plans to ban financial product commissions
Reported u-turn will put Europe ‘even further behind the US and UK in promoting fair outcomes for investors’
UK treasury issues consultation on measuring FCA success
It is looking for feedback by 4 July
FCA issues fresh warning over impending Consumer Duty deadline
Requirements will come into effect on 31 July
Over 2,200 ads blocked by FCA in financial promotions crackdown
UK watchdog intervention involved 47 authorised firms