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The FCA and PRA propose measures to boost diversity and inclusion in financial services
In consultation papers published today, the financial regulators have set out proposals to boost diversity and inclusion to support healthy work cultures, reduce groupthink, and unlock talent. -
Naylors Finance Limited enters administration
On 18 September 2023 Naylors Finance Limited – a high-cost lending firm – entered into administration. -
FCA calls on insurers to take action as it publishes latest fair value data
The FCA has written to insurers warning that more action must be taken to ensure good consumer outcomes. -
FCA sets out initial findings on bank account access and closures
The FCA has published the findings of its initial data exercise on bank account access and closures. -
Review of later-life mortgages finds poor advice and misleading promotions
The review looked at firms responsible for around half of all lifetime mortgage sales. -
FCA bans Keith Dickinson and Andrew Allen for British Steel Pension Scheme advice failings, with £155k to be paid in compensation
Keith Dickinson and Andrew Allen of Mansion Park Limited (Mansion Park) have been banned from advising customers on pension transfers and pension opt-outs. -
New screening checks required to approve financial adverts
Our new rules will improve the quality of financial marketing to help consumers make good financial decisions -
Independently East Ltd enters compulsory liquidation
Independently East Ltd entered compulsory liquidation following an application made by the FCA. -
FCA sets expectations ahead of incoming crypto marketing rules
Tough new rules designed to make the marketing of cryptoasset products clearer and more accurate, and that ban incentives like ‘refer a friend’ bonuses, will come into force on 8 October. -
6 Towns Credit Union enters administration
6 Towns Credit Union Limited was placed into administration on 5 September 2023 and has now stopped trading.