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We consult on changes to redress calculations for unsuitable pension transfer advice
We have today published a consultation proposing updates to how redress is calculated for unsuitable defined benefit transfers advice, following a periodic review. -
Financial watchdog cracks down on problem firms and supports struggling borrowers
In the past year, the FCA has reduced harm to consumers and businesses by stopping 627 firms, that failed to meet the minimum standards, from operating. -
Defined Benefit (DB) transfers – further update on our work
We set out further findings from our assessment of the suitability of defined benefit (DB) transfer advice, as part of a package of measures to improve standards in this area. -
CP14/14: Strengthening the Alignment of Risk and Reward: New Remuneration Rules
The regulators will share responses publicly, unless you specifically ask for them to remain confidential. ... You should note that responses to:. PRA only questions will be considered by the PRA only. -
CP14/31: Strengthening accountability in banking: forms, consequential and transitional aspects
It is a technical CP setting out proposals on transitional arrangements for implementing the regime, new forms to support the regime, and consequential changes to our Handbook. ... The regulators will share responses with each other and publicly, unless -
Supporting consumers through tough times – priorities for credit regulation
Speech by Brian Corr, Interim Director of Retail Lending at the FCA, delivered at Credit Summit 2022 -
CP22/24: Broadening access to financial advice for mainstream investments
We are aiming to allow firms to provide mass-market consumers with straightforward financial needs greater access to simplified advice on investing into mainstream products -
Supporting material for applications by consumer credit, mortgage and other consumer finance firms
If you're applying to be authorised by the FCA, find out what supporting material to include in your application and how to prepare everything. -
TR16/6: Principals and their appointed representatives in the general insurance sector
representatives in the sector setting out our expectations. ... We will continue to work with the principal firms included in our detailed review to address the issues identified and will perform additional work with some of the firms in the -
TR16/4: Embedding the Mortgage Market Review: Responsible Lending Review
However, it is anticipated that the rules will have a greater impact as interest rates rise and affordability is stretched. ... provide individual feedback to firms visited as part of our assessment, setting out any actions required.