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FCA proposes ban on debt packager referral fees to protect consumers
We have proposed banning debt packager firms from being paid to refer customers on to other firms. -
Pension scheme operators are at risk from smarter scams
The FCA highlights risks from authorised firms failing to carry out appropriate due diligence on investment offerings. -
FCA announces plan to deliver significant redress to Woodford investors
Following an investigation by the FCA, Link Fund Solutions has agreed to provide, with a material contribution from its ultimate parent, Link Administration Holdings (Link Group), a significant redress payment to investors in the LF Woodford Equity -
The Financial Conduct Authority publishes Approach to Consumers paper, alongside Discussion Paper on Duty of Care
The Financial Conduct Authority (FCA) has today outlined the measures it will take to protect consumers and sets out when and how the organisation takes action. The Approach to Consumers document published today sits alongside a new discussion -
FCA censures Amigo for failing to conduct adequate affordability checks
The FCA has publicly censured Amigo Loans Ltd for failing to conduct adequate affordability checks on borrowers and guarantors. -
Financial Lives survey highlights importance of the FCA’s Consumer Duty
The FCA has found 7.4 million people unsuccessfully attempted to contact one or more of their financial services providers in the 12 months before May 2022, with the most vulnerable in society most likely to struggle with this. The figure comes from -
What can the consumer credit sector expect from the FCA?
Speech by Jonathan Davidson, Executive Director of Supervision – Retail and Authorisations, at the Credit Summit, London. -
FCA urges victims of illegal loan scheme to come forward
The Financial Conduct Authority has urged customers who took out a loan with Mr Dharam Prakash Gopee to contact them as they may be eligible for compensation. -
Conduct risk during LIBOR transition: Questions and answers
News story on conduct risk during LIBOR transition: Questions and answers for firms -
Review of property funds and liquidity risks
Findings from our suspended property fund review.