The FCA's controversial open-ended property fund changes could be a sensible move long term, according to Cedric Bucher, CEO of property firm Hearthstone Investments.

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The ABI has given a muted welcome to plans by Pensions Minister Guy Opperman MP, announced at the weekend, to give DC pension scheme members a condensed pension annual statement of no more than two pages.

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The Pensions and Lifetime Savings Association (PLSA) has called for a new regulatory framework to help DC pension savers with the decisions they face when entering decumulation.

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The FCA has today banned indefinitely two directors of an IFA firm for their roles in submitting “false and misleading information” about customers’ high net worth status when making SIPP applications.

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The Financial Conduct Authority, the Financial Services Compensation Scheme and the Financial Ombudsman Service have warned Financial Planners to take action on any SIPP or SSAS investments in the German Property Group.

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The Financial Conduct Authority has secured a £1.6m confiscation order against Richard Baldwin who absconded during his trial and conviction for money laundering in 2017.

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The acquisition of Talbot and Muir by fellow SIPP provider Curtis Banks has satisfied its pre-conditions, including approval from the Financial Conduct Authority.

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The FCA has given the green light to two ‘sandbox’ trials to support innovative firms devising new ways to tackle the challenges caused by the Coronavirus pandemic.

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Thursday, 01 October 2020
Articles

The Financial Conduct Authority (FCA) has extended its flexibility around firms’ requirement to send 10% drop notifications to retail investors for another six months.

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The Financial Conduct Authority ban on contingent charging on DB pension transfer advice comes into force today.

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