FCA
Retirement | 15 Jul 16
More than a half of UK savers cashing in pensions, says FCA
Over half of UK savers are cashing in their savings following the introduction of pension freedoms last year, research from the UK’s Financial Conduct Authority (FCA) suggests.
Tax & Regulation | 13 Jul 16
FSCS payments reach record high over risky Sipps investments
Payouts to UK consumers, aggrieved by poor life and pensions advice, have more than doubled due to an increase in high risk Sipp investment claims, new figures from the Financial Services Compensation Scheme (FSCS) show.
FCA ‘hampered’ HSBC money laundering prosecution, says report
UK chancellor George Osborne and the Financial Conduct Authority (FCA) intervened in a US investigation that could have seen Europe’s largest lender, HSBC, prosecuted for money laundering, a new report claims.
BofE considers new measures to halt property fund closures
The Bank of England is looking to impose new measures in a bid to stem the flow of property fund suspensions in the wake of last month’s Brexit vote.
Tax & Regulation | 8 Jul 16
UK regulator wades in to property fund suspensions
The Financial Conduct Authority (FCA) has reminded fund managers of their obligations to investors following the closure of a number of high profile property funds in the UK.