FCA
United Kingdom | 5 May 17
FCA knuckles rapped over complaints handling procedure
The UK’s Financial Conduct Authority (FCA) has been criticised by the Complaints Commissioner for parts of its handling of a complaint by a former company chair, and told to review its processes.
Tax & Regulation | 26 Apr 17
FCA upholds over two-thirds of UK pension complaints
Over two-thirds of all complaints made against pension providers were upheld in the second half of 2016, according to the latest data released by the Financial Conduct Authority (FCA).
PEOPLE MOVES: Momentum UK, Russell Investments, Hermes
Industry veteran Peter Mann has reappeared at Momentum UK, while Russell Investments is banking on an ex-BlackRock man to head up its Europe, Middle East and Africa region. Hermes has named a head of fixed income.
Tax & Regulation | 21 Apr 17
Fraudster who ran £8.5m spread betting scam banned for 12 years
A British scammer, who ran a failed spread betting scheme, has been banned by a UK court from acting as a company director for 12 years.
Best Practice | 18 Apr 17
UK regulator to target pension ‘decumulation’ market
The UK’s financial regulator plans to put a greater focus on the drawdown phase of the pensions market in the current financial year, and has promised to do more to tackle pension scams.