FCA
People Moves | 31 May 16
PEOPLE MOVES: Amundi, Pictet, Axa, FCA, ABI, UBS, BNY Mellon
Amundi announces a high-profile global advisory board, while Pictet names ex-Goldman Sachs director Dominique Joories to head its Singaporean banking unit. Axa reveals Jean-Laurent Granier, the chief executive of the group’s Mediterranean and Latam divisions, will step down next month while prominent figures from the UK’s insurance industry join trade body ABI.
People Moves | 27 May 16
Daniel Godfrey hired by FCA
Former Investment Association chief Daniel Godfrey has been hired by the Financial Conduct Authority on a consultancy basis, a spokesperson said.
Retirement | 26 May 16
FCA to cap pension exit fees at 1%
The UK’s Financial Conduct Authority looks set to cap exit charges for existing contract-based personal pensions, including workplace personal pensions, at 1% of the value of a member’s pot.
Tax & Regulation | 25 May 16
FCA warns investment scam fraudsters targeting over-55s
The Financial Conduct Authority (FCA) has warned that Britons over-55 are being targeted by scammers, with nearly a half investing in unregulated products such as wine, diamonds and land, without getting professional advice.
Tax & Regulation | 19 May 16
Ex-Keydata employee banned by FCA but escapes £200k fine
The Financial Conduct Authority (FCA) has banned and publicly censured the former compliance officer of disgraced investment firm Keydata.