Fresh Perspectives
Money Covered: The Week that Was - 19 April
Topic: Professional and Financial Risks 19.04.2024 Read moreMoney Covered: The Week that Was - 25 August
Topic: Professional and Financial Risks 25.08.2023 Read more
Money Covered: The Week that Was - 04 August
Topic: Professional and Financial Risks 04.08.2023 Read moreFix up, look sharp: FRC update
Topic: Professional and Financial Risks 01.08.2023 Read more
Money Covered: The Week that Was - 28 July
Topic: Professional and Financial Risks 28.07.2023 Read more
Money Covered: The Week that Was - 07 July
Topic: Professional and Financial Risks 07.07.2023 Read more
FCA announces thematic review of retirement income advice
Topic: Financial Services Regulatory and Risk 01.03.2023 Read more
FCA responds to criticism of the Public Accounts Committee when it comes to BSPS with rejection of suggestion it should reconsider a wider defined benefit transfer review
Topic: Financial Services Regulatory and RiskIn a July blog I reported on the House of Commons Public Accounts Committee report entitled "Investigation into the British Steele Pension Scheme". The blog set out a number of recommendations of the Committee in light of its investigations into the FCA's conduct and regulatory oversight of BSPS and, in particular, the 7,834 members that transferred out of BSPS into a personal pension scheme. We have now had a sneak preview of the FCA's response in the recent Committee minutes. Here's what the FCA had to say.
03.10.2022 Read moreFCA Review of AML failings at challenger banks
Topic: Financial Services Regulatory and Risk 27.05.2022 Read more
FCA consults on British Steel redress scheme
Topic: Financial Services Regulatory and RiskThe FCA intends to open consultation on an industry wide redress scheme covering British Steel Pension transfers. This is perhaps the only option left for the regulator, but a redress scheme will heap further pressure on an area of the advice industry that is already under fire.
22.12.2021 Read more
