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Annuity failings cost providers £135m - FCA

More than 32,000 pension savers have received £135m in compensation from providers who failed to inform them about enhanced annuity options, the FCA has revealed in its Annual Report and Accounts.

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FCA to toughen up protection for 24m vulnerable clients

The FCA is to consult on tougher rules to beef up protection for up to 24m vulnerable consumers.

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FCA plans non-EU regime for UK investment firms

The FCA is seeking industry views on a new prudential regime for UK investment firms which would mark a major change for MiFID investment firms and mean exiting the EU regime.

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FCA to halt 'most' contingent charging on DB transfers

The Financial Conduct Authority says it will ban most contingent charging on DB pension transfers as part of a raft of measures designed to tackle ‘weaknesses’ in the DB transfer market.

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