FCA
FCA fines nearly triple in a year
While US regulator raked in record $6.4bn in penalties
Advice is ‘too expensive’ and ‘for the wealthy’, Brits claim
44% of Gen-Z savers believe they can source valuable information on social media
FCA extends asset retention rules for British Steel advice firms
As it writes Dear CEO letter telling pension providers to comply with information requests
IFA firms slammed for ‘misleading’ ex-British Steel members
FCA deems move a ‘deliberate attempt to exclude them from participating in the redress scheme’
FCA worried about ‘superficial and over-confident’ Consumer Duty plans
Industry cannot ‘take foot off the gas’ with only six months to prepare for the regulation