FCA
PEOPLE MOVES: FCA, HSBC Global Private Banking, Fairway Group
UK regulator names joint executive directors of enforcement and market oversight
Advice business declared in default
UK lifeboat scheme has received one claim against the company related to pension transfers
Maximum ombudsman compensation limit to rise to £415,000
Changes to start on 1 April
IFA company hit with regulatory restrictions
Watchdog said it failed to ‘engage with the FCA in an open and cooperative way’
DB pension transfers excluded from advice-guidance review
But FCA says that accumulation and decumulation products will be part of the analysis