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Many have assumed that the Consumer Duty is a fixed piece of regulation, a tablet handed down from upon high about how to be decent to clients.
The £432m private equity acquisition of SIPPs and Financial Planning firm Mattioli Woods has moved ahead this week with over 95% of shareholders voting in favour.
There are only six months left before financial services firms need to comply with new laws to prevent sexual harassment in the workplace, a consultancy has warned.
The Financial Services Compensation Scheme (FSCS) has declared 12 regulated firms in default in February and March.
The FCA has published proposals to extend its new Consumer Duty requirements to its financial crime fighting and reporting rules.
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Financial adviser network Tenet Group has promoted programme director Stephen Vickers to be its new CEO, replacing Helen Ball who is standing down after just over a year in the role.
The latest XPS Pension Transfer Watch report has highlighted that pension transfer volumes were 50% lower in March than a year earlier.
The FCA has recovered £533,000 in funds from an unauthorised deposit-taking firm which invested in crypto and other assets, using a soccer league business as part of the venture.
New data from the government-backed Money and Pensions Service (MAPS) has revealed that consumers have reported losing £13.6m to financial scammers over the past year, an average of over £16,000 each.