FCA plans new Consumer Duty for firms

The FCA is to consult on a sweeping new 'Consumer Duty' which will compel firms to do more to protect consumers from harm and bad financial decisions. 

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FCA wants tougher regulation of appointed reps 

The FCA is consulting on plans to significantly strengthen regulation of appointed representatives (ARs) after analysis showed firms employing appointed reps suffered four times as many complaints as firms not using appointed reps. 

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FCA proposes PRIIPS rule shake-up

The Financial Conduct Authority (FCA) has proposed scrapping the requirement for packaged retail investment and insurance-based products (PRIIPS) providers to include performance scenarios in communications to clients.

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FCA to ban funeral plan commissions from 2022

 

The FCA will ban commissions on funeral plans from 29 July 2022 when it begins to regulate the funeral plans market for the first time. 

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