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Joint statement by the FCA, PRA, TPR and FRC on the publication of Climate Change Adaptation Reports
We and the other financial regulators have published CARs this year. They look at how we and the firms we regulate are embedding climate risks and opportunities into our strategies. -
GAP insurers agree to suspend sales following FCA concerns over fair value
The FCA has today announced that multiple insurance firms have agreed to pause sales of Guaranteed Asset Protection (GAP) insurance, following a request from the FCA. -
CP17/41: Individual accountability: Transitioning insurers and individuals to the Senior Managers & Certification Regime
Consumers may be interested how individual accountability is being enhanced within financial services. ... This consultation has now closed. We will consider your feedback and aim to publish a summary of responses and a policy statement in 2018. -
FCA asks Financial Advisers to review their processes in retirement income support
We have written to the Chief Executives of financial advice firms asking them to review their processes when providing retirement income advice. -
FCA sets out next steps to improve competition in the UK’s asset management industry
The FCA has published the latest step in its response to the concerns identified through its asset management market study. This is part of a package of remedies to ensure fund managers compete on the value they deliver, and act in the interests of -
FCA bans four for 'disgraceful' failings in relation to occupational pension schemes
Three men have been banned from working in the financial services industry by the Financial Conduct Authority (FCA); and another has been banned from holding key positions. This follows a review of CBW Trustees Limited and CBW Pensions Forensics -
Insurance brokers: serving consumers and businesses in times of uncertainty and change
Speech by Sheldon Mills, Executive Director, Consumers and Competition, delivered at the British Insurance Brokers' Association (BIBA) Conference. -
New Chairs of the Financial Conduct Authority’s Practitioner Panels announced today
Each appointment is for a term of two years. Alison Brittain, Robert Mass and Clinton Askew will succeed Graham Beale, Paul Swann and Andrew Turberville Smith respectively. ... policies and practices are consistent with its general duties, as set out in -
PS23/9: Finalised insurance guidance on supporting customers in financial difficulty’
FCA summarises the feedback received to CP23/1 on insurance guidance for supporting customers in financial difficulty and set out response and finalised guidance. -
Half a million consumers paying less credit card interest following FCA intervention
Nearly 600,000 people are now paying less in interest and charges on their credit card debt because of changes made by the FCA.