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Insurance providers warned not to undervalue cars or other insured items when settling claims
Insurance firms have been warned not to undervalue cars and other insured items when settling insurance claims especially during the cost of living squeeze. -
FCA fines Pembrokeshire Mortgage Centre Ltd £2.4m for serious failings in relation to the British Steel Pension Scheme
The FCA has fined Pembrokeshire Mortgage Centre Limited (PMC) (trading as County Financial Consultants) (in liquidation) £2,354,331 for giving consumers unsuitable advice to transfer out of the British Steel Pension Scheme and other defined benefit -
FCA sets out plans to improve engagement with pensions
The FCA publishes a consultation on standards for operators of pension dashboards, and sets out requirements for providers of non-workplace pensions. -
FCA highlights continuing concerns about problem firms in the CFD sector
FCA has written to CFD providers outlining expectations and highlighting areas of poor practice seen in firms. -
Statement on Liability Driven Investment (LDI)
The FCA welcomes the statements made today by The Pensions Regulator, the Central Bank of Ireland and the Commission de Surveillance du Secteur Financier (CSSF- Luxembourg) on the resilience of Liability Driven Investment (LDI) portfolios and the -
FCA proposes ways to make financial advice more accessible
As part of its consumer investment strategy, the FCA has set out new proposals to improve people’s access to financial advice so they can invest with confidence. -
FCA fines Julius Baer International Limited £18m and publishes decision notices for three individuals
We have fined Julius Baer International Limited £18,022,500 for failing to conduct its business with integrity, failing to take reasonable care to organise and control its affairs and failing to be open and cooperative with the FCA. -
FCA confirms plans to deliver redress to over 1,000 former British Steel Pension Scheme members
The FCA has published final rules for a redress scheme for former members of the British Steel Pension Scheme (BSPS) who received unsuitable advice to transfer out. -
Restrictions placed on Micro-E C.I.C
We have imposed a number of requirements on Micro-E C.I.C.), an authorised High-Cost Lender -
Hartley Pensions update
A communication, sent to pension scheme members, contained factual inaccuracies which may have caused customer concern.