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  • Number of appointed reps continues to fall

    The number of appointed representatives continued to fall in 2024/25, according to the latest data from the Financial Conduct Authority.

  • Martin Tilley: Why SSAS regulation is necessary

    In this special Guest Column for Financial Planning Today, SSAS expert Martin Tilley looks at the need for SSAS regulation and asks whether we are moving closer to new rules. Martin writes regularly for Financial Planning Today's sister website SIPPs Professional which can be viewed here: https://www.sippsprofessional.co.uk/

  • FCA CEO Rathi reappointed for second 5-year term

    Nikhil Rathi has been reappointed as chief executive of the Financial Conduct Authority for a second five-year term and will be CEO until 2030.

  • TPR imposes £100,000 in fines on small DC schemes

    The Pensions Regulator (TPR) has levied almost £100,000 in penalties against small DC pension schemes for governance failures related to the 'value for members' assessment.

  • FCA presses pause on further sustainability rules

    The FCA has decided to hold off introducing new rules on sustainability-related governance and the transition to net zero for regulated firms following a consultation with the industry.

  • FCA seeking more 'holistic' approach to retail products

    Nikhil Rathi, chief executive of the FCA, said the regulator was considering how retail markets can take a more holistic approach to Britons’ finances.

  • FCA seeks £22k a year chair for Business Panel

    The FCA is seeking a £22,500 a year chair for its Smaller Business Panel which often advises the regulator on issues affecting financial advice firms.

  • Consumer groups warn MPs over FCA email deletion plans

    A coalition of consumer groups has sent an open letter to MPs and the FCA urging the regulator to abandon its plans to delete most emails automatically after a year.

  • FCA says ESG rules do not prevent investment in defence

    The FCA has clarified that defence companies should not be treated differently to firms in other sectors when it comes to its sustainability regulations.

  • PFS publishes Consumer Duty good practice guide

    The Personal Finance Society has produced a new good practice guide for the Consumer Duty, consolidating key resources for financial advisers.

  • PM to scrap Payment Systems Regulator

    Prime Minister Sir Keir Starmer has announced that the Payment Systems Regulator (PSR) - a sister organisation of the FCA and based in the same London offices - will be abolished as part of an efficiency drive.

  • FCA rejects criticism of probe into funeral plan provider

    The FCA has said it will not pay compensation to those who have lost money due to the failure of funeral plan provider Safe Hands in 2022.

  • FCA removes permissions of East London adviser

    The FCA has cancelled the part 4A regulatory permissions of Stratford-based firm Pan Risk Management Services Limited (FRN: 305302).

  • Number of whistleblowing reports to FCA dips

    The number of whistleblowing reports made to the Financial Conduct Authority dipped in the fourth quarter of 2024.

  • FCA searches for land-banking scheme victims

    The Financial Conduct Authority is searching for investors in Asset Land investors who may be due compensation payments.

  • Over 4 in 5 Planners expect assets to increase in 2025

    More than four in five Financial Planners (84%) expect assets under management and advice to rise this year, according to a survey.

  • Editor’s Comment: Is peak regulation over?

    There was a distinct whiff of change in the regulatory air this week with the FCA rapidly jettisoning plans which would have seen more rules and regulations added to its handbook.

  • FCA moving 'at pace' to cut red tape

    The FCA is moving swiftly to cut red tape to support growth in financial services, FCA chief executive Nikhil Rathi told delegates at an event today.

  • FCA cancels permission of Bromley-based advice firm

    The FCA has cancelled the part 4A regulatory permissions of Bromley-based firm HLU Ltd (FRN: 938123).

  • FCA finds most ongoing suitability reviews delivered

    The Financial Conduct Authority’s review of ongoing advice data from 22 of the largest financial advice firms has found that suitability reviews were carried out in the vast majority of cases.

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