UK Regulator TPR Names Nausicaa Delfas Chief Executive
She will succeed Charles Counsell who is stepping down at the end of March.
Tag: FCA
News
U.K. Pension Withdrawals Surge Amid Rising Inflation
Data show plan participants are increasingly dipping into their pensions to offset cost-of-living increases.
Pensions
UK Task Force Provides Recommendations to Boost Pensions’ Voting Powers
British pensions investing in pooled funds currently have no right to vote on issues such as climate change, diversity, or pay.
UK Regulator Eyes Climate Disclosure Rules
The Financial Conduct Authority says current policies do not meet investors’ needs.
Risk
Nearly £31 Million Lost to UK Pension Fraud in Three Years
Regulators say amount is likely even higher as many scams are unreported or unnoticed for years.
Alternatives
FCA Authorizes Archax as First Digital Securities Exchange in UK
The firm already has 35 digital issuances in place.
Risk
High Court Orders Firms to Pay £10.7 Million for Inducing Pension Transfers
Three directors found guilty of making false or misleading statements.
Regulation
UK Regulator Targets Defined Benefit Transfer Weaknesses
FCA bans contingent charging, finds British Steel pensioners received worse advice than most.
Risk
Highly Educated More at Risk of Pension Scam
The more schooling you have, the more likely you are to fall for a con artist.
FCA Accuses Four Asset Managers of Breaking Law
Statement of objections initiates regulator’s first enforcement case.
FCA Swings to Loss, Penalties Plunge 79%
UK regulator reports £8.6 million loss, penalties drop to £181 million from £879.5 million.
UK’s FCA Proposes Changes to Pension Transfer Advice
New rules focus on moving from defined benefit to defined contribution plans.