FCA fined for poor pension practices
The Financial Conduct Authority - better known for handing out fines for poor financial practices - has incurred a £2,000 penalty itself, for failings relating to its own pension scheme. This fine...
The Financial Conduct Authority - better known for handing out fines for poor financial practices - has incurred a £2,000 penalty itself, for failings relating to its own pension scheme. This fine...
Three out of four firms delivering DB transfer advice are giving "potentially harmful" information to pension scheme members, according to the Financial Conduct Authority. These figures were released as part of a...
Group life policies and other pure protection arrangements are to be exempted from anti-money laundering obligations under proposals published by HMRC today. Both excepted and registered trusts are to be exempted from...
Christopher Woolard has been named as interim chief executive of the Financial Conduct Authority, taking over Andrew Bailey’s role when he becomes Governor of the Bank of England. Woolard is currently FCA executive director...
Be careful what you wish for when it comes to engagement of investors. Solving the riddle of engaging employees with their retirement savings has, of course, been a topic for schemes for...
It is an age-old question for investors: will I have to sacrifice returns if I want my investments to align with my ethics? The answer used to be unclear. Things, however, are...
People with pre-existing medical conditions and disabilities will have improved access to protection insurance as a result of a collaboration between BIBA,Grid, insurers, protection insurance groups and brokers, charities and other stakeholders. The...
Aegon UK has appointed Martin Trenchard as employee benefit consultant (EBC) director for workplace, responsible for developing, broadening and strengthening relationships with EBCs across the UK. Trenchard has more than 20 years of...
I have recently returned from two fact finding trips, to Australia and the US, meeting plan providers, fund managers, employers, other consultants, plan members and Nobel prize-winning economists. During each trip it...
More than 30 financial advice firms have stopped offering pension transfer advice in just three months because of the cost of professional indemnity cover, according to the Personal Finance Society. The Personal...