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ANNOUNCEMENT: Read more financial articles on our partner site, click here to read more.

FCA

New UK exit fee cap to apply equally to work-based plans

Tax & Regulation | 20 Jan 16

New UK exit fee cap to apply equally to work-based plans

The UK pensions minister Ros Altmann says the new powers handed to the Financial Conduct Authority to cap exit fees on savers seeking access to their pension pots will apply equally to occupational and work-based personal schemes.

Authorised UK firms hit with £363m FSCS levy

Tax & Regulation | 19 Jan 16

Authorised UK firms hit with £363m FSCS levy

Firms authorised by the UK’s Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) will have to collectively pay £363m ($518m, €475m) to fund the Financial Services Compensation Scheme (FSCS) in 2016/17, an increase of 13.1% from £319m in 2015/16.

FCA mulls limited commission on some retail products

Tax & Regulation | 11 Jan 16

FCA mulls limited commission on some retail products

The Financial Conduct Authority is considering reintroducing limited commission payments for certain retail products.

OPINION: Situations vacant – chief executive, FCA

Tax & Regulation | 11 Jan 16

OPINION: Situations vacant – chief executive, FCA

With the news that the FCA’s search for its next chief is ongoing, here’s our crack at what the job description might look like.

FCA reports 13% drop in consumers accessing UK pension pots

Retirement | 7 Jan 16

FCA reports 13% drop in consumers accessing UK pension pots

The Financial Conduct Authority (FCA) has published its latest quarterly data on how consumers accessed their pensions in the period from the beginning of July to the end of September 2015. The sample of firms in the survey covers an estimated 95% of defined contribution (DC) contract-based pension schemes. Please click on the pictures below to see the findings.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.