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Showing 831 to 840 of 898 search results for Consumer Duty letter.
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FCA publishes Final Notice for Ian Hannam and confirms a financial penalty of £450,000
the proper course of the exercise of their employment, profession or duties. ... To support this it has three operational objectives: to secure an appropriate degree of protection for consumers; to protect and enhance the integrity of the UK financial -
The Financial Conduct Authority to gather evidence on how the PPI complaints process is working
Making such complaints is free to consumers and there is no need to use a claims management company. ... Since January 2011, firms have handled over 14m PPI consumer complaints about the sale of PPI, upholding over 70% and paying £17.3bn compensation. -
J.P. Morgan International Bank fined for systems and controls failings in its wealth management business
The Financial Conduct Authority has fined J.P. Morgan International Bank Limited (JPMIB) £3,076,200 for systems and controls failings relating to its provision of retail investment advice and portfolio investment services. -
Review of terminal illness benefits within life insurance protection products
FCA review of insurance companies’ approaches to terminal illness benefits to make recommendations for improvement. -
CP16/3: Financial Services Compensation Scheme – Management Expenses Levy Limit 2016/17
This consultation is relevant to all authorised firms, but contains no material of direct relevance to retail financial services consumers or consumer groups upon which they might need to act. ... As costs may be passed on to consumers in the form of -
FCA and TPR outline a framework for value for money in defined contribution pension schemes
The FCA and The Pensions Regulator have published a joint discussion paper on developing a common framework for measuring value for money in defined contribution pension schemes. -
Cheque Centre stops selling single repayment payday loans and agrees to change business model to meet FCA’s tougher consumer protection requirements
Cheque Centre stops selling single repayment payday loans and agrees to change business model to meet FCA’s tougher consumer protection requirements. ... In late March Cheque Centre was sent a letter setting out the regulators’ serious concerns. -
Regulatory and consumer bodies welcome review of pension scheme communications provided to steel workers
The Financial Conduct Authority (FCA), The Pensions Regulator (TPR) and The Single Financial Guidance Body (SFGB) today welcomed an independent review by Caroline Rookes into communications and support provided to British Steel Pension Scheme (BSPS) -
Over 30,000 Yorkshire Building Society customers to be refunded mortgage arrears fees
The refund process including letters to customers with details of the exercise will commence on 25 February 2014, and redress will start to be paid from this date. ... To support this it has three operational objectives: to secure an appropriate degree -
FCA bans and fines Paul Reynolds £290,344 for misleading and unsuitable advice
Suitability letters found on the clients’ files, which did explain the risks, had not been sent to the clients. ... To support this it has three operational objectives: to secure an appropriate degree of protection for consumers; to protect and enhance