FCA
New products needed to defuse pensions time bomb, FCA says
The investment industry has been told by the FCA that it has a growing role in addressing the public policy challenge of inadequate retirement saving levels.
Best Practice | 17 Oct 17
FCA warns more products needed for ageing population
The UK Financial Conduct Authority has warned that as more people reach retirement, more needs to be done to provide financial products and services for the elderly.
FCA bans adviser spouses for ‘calculated’ deception
The Financial Conduct Authority (FCA) has barred John Chiesa and Colette Chiesa, founders of an authorised IFA firm, from ever working in financial services for the “calculated way” they deceived creditors.
Half of DB pension transfers unsuitable blasts FCA
The UK financial watchdog has strongly criticised defined benefit (DB) pension transfer advice saying that most of the recommendations made are unsuitable.
Holborn Assets returns from the cold
After ceasing all regulated activity in the UK earlier this year, Holborn Assets has been given the greenlight from the Financial Conduct Authority to resume operations and advise on defined benefit (DB) pension transfers.