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Traded life policy investments: alert for financial advisers
Firms that recommended to their clients that they invest into the EEA Life Settlements Fund should check that they have followed our 2012 guidance. -
FCA confirms help for mortgage borrowers struggling with payments
The FCA has confirmed final mortgage guidance, setting out the ways mortgage lenders can help customers worried about or already struggling with their mortgage payments because of the rising cost of living. -
Connaught Income Series 1 Fund — update to investors
If the authorised firm is not able to pay claims against it, you may be able to recover compensation from the FSCS up to £50,000 per investor, per authorised firm. -
Mutual societies registration function: 2020-21
An update on our developments, including how we responded to the coronavirus (Covid-19) pandemic and a breakdown of societies on the register. -
PS19/25: Overdraft Pricing and Competition Remedies
This FCA Policy Statement (PS 19/25) sets out rules to make overdraft fees clearer and more transparent. -
FCA confirms further support for consumer credit customers
The FCA has today confirmed the support users of certain consumer credit products will receive if they are still experiencing temporary payment difficulties due to coronavirus. -
Rent-to-own, buy-now pay-later and pawnbroking agreements and coronavirus: further updated temporary guidance for firms [pdf]
This draft guidance sets out how we propose to update our guidance entitled 'Rent-to-own, buy-now pay-later and pawnbroking agreements and coronavirus: updated temporary guidance for firms' made in July 2020 -
Information for SIPP operators in light of Berkeley Burke administration
On 18 September 2019 the directors of Berkeley Burke SIPP Administration Limited ('BBSAL'), a firm authorised and regulated by the FCA, appointed Adrian Allen and Diana Frangou of RSM Restructuring Advisory LLP as Joint Administrators -
FCA seeks legal clarity on business interruption insurance alongside package of measures to help consumers and small businesses
The FCA is announcing it intends to seek legal clarity on business interruption (BI) insurance. -
FCA warns firms to be responsible when handling client data
We are warning firms to be responsible when handling client data to ensure firms lawfully process and transfer client data.