The Financial Conduct Authority has demanded improvements in the later life mortgage / equity release sector after finding evidence of poor advice and misleading promotions.
The FCA is to press ahead with tough new rules on cryptoasset product marketing from 8 October but will soften some of its deadlines.
One of the key figures in the early days of financial intermediary regulation, Lord Elton, has died at the age of 93.
Wealth manager and Financial Planner Evelyn Partners has completed its takeover of City of London-based Dart Capital, a boutique wealth manager with £750m in assets under management and 19 staff.
The FCA is to tighten its rules on crypto-asset transfers from 1 September to crack down on money laundering and financial crime.
The Pensions Regulator (TPR) is to introduce new rules from 1 October which will compel defined contribution (DC) pension schemes to declare their policy on investing in illiquid investments.
The latest data from the Financial Conduct Authority shows the regulator hit half of its authorisations operating service metric between April and June.
Some 54 FCA-regulated firms amended or withdrew 1,507 financial promotions or advertising between 1 April and 30 June following intervention by the regulator.
The Financial Conduct Authority has put plans to create a simplified advice regime on hold.
The FCA, PRA and Bank of England are to remove the £10,000 limit on compensation payments related to complaints about the regulators due to be implemented from 1 November.
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