The Financial Conduct Authority is set to increase fees paid by new businesses seeking authorisation, according to its latest consultation paper.
The FCA has abandoned plans to ban platform exit fees.
The Chartered Insurance Institute is to end ‘gap-filling’ as an option for financial advisers applying for a Statement of Professional Standing from the end of August 2021.
Former Pensions Minister Baroness Ros Altmann has criticised the government for the “snail’s pace” of progress on the long-awaited Pensions Dashboard.
The Association of British Insurers (ABI) has called for a shift in the regulatory boundary for pension providers in order to “tackle the advice and guidance black holes.”
Two watchdogs and the MAPS government money advice service have intervened after an apparent surge in pension transfer requests made on behalf of Rolls Royce workers facing redundancy.
The DWP is set to "nudge" more DC pension savers to get guidance from Pension Wise - the government consumer help service - when they near taking pension benefits.
Only 4% of pension savers would opt out of free pension guidance if they were ‘auto-enrolled.’
The FCA has today publicly censured Aviva plc for making a stock market announcement that had the potential to mislead retail investors.
The Financial Services Bill received its first reading in Parliament this week as the Government focuses on getting the financial services sector ready for Brexit.
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