Regulation

The head of the London Stock Exchange has been appointed as the new chief executive of the Financial Conduct Authority.  Nikhil Rathi has been appointed for a five year term and will...

Babylon Health, the virtual GP service used by a number of health insurance providers, has admitted it has suffered a data breach.  The breach was identified after a user, who was a...

The number of Covid-19 scams is rising, with losses arising from these frauds now topping £5m. The latest figures from Action Fraud show that there have been over 2,000 cases reported since...

The Financial Conduct Authority will ban contingent charging on DB pension transfers in the vast majority of cases. This is the main plank of a part of a package of measures announced...

Over the last few weeks, calls have been made for us to rethink or abandon the first consultation on our draft DB funding code. The arguments are that it was written in...

The Pensions Regulator has warned trustees they must prioritise transfers between DC schemes during the Covid-19 pandemic. In an update to its Covid-19 guidance, the regulator also emphasised the role trustees have...

Support is declining among pension schemes for The Pension Regulators new Code of Practice, according to research Aon. The professional services firm says that support has notably waned during the consultation period...

The consumer group Which? has launched a new scam alert service, aimed at preventing criminals cashing in on the coronavirus crisis. Those signing up to the service will receive warning about the...

The Covid crash was the test that pension funds didn’t want – at least not yet. It has proved an examination of the pensions sector on so many levels. Most fundamentally it has...

The FCA has confirmed it is reconsidering implementing set investment pathways for investors going into drawdown, in the wake of the Covid crisis and subsequent market turmoil. In a letter to chief...