Risk
UK Insurance Sector Warns Rate of Pension Withdrawal Unsustainable
Association of British Insurers says future retirees risk running out of money.
Tag: Financial Conduct Authority
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 Says No Deal Brexit Impact ‘Less Severe’
Regulator credits ongoing preparations for mitigating Brexit risks to UK businesses.
Millions at Risk of Falling for Pension Scams
UK Regulators warn public to be wary of tactics used to pilfer their savings.
UK’s FCA Proposes Ban on Contingent Pension Transfer Fees
Regulator says lucrative transfer incentives create conflict of interest for advisers.
FCA Fines Standard Life Nearly £31 Million over Annuities Sales
UK regulator says incentives to sell annuities led to conflict of interest.
FCA Says Too Many Advisers Giving Bad Pension Advice
More than twice as many members were counseled to transfer out of their DB plans than told to stay put.
FCA Bans, Fines Directors over £1 Million for Bad Pension Advice
Regulator said ‘reckless behavior’ led over 2,000 customers to invest $98.5 million in risky assets.
SEC, FCA Sign Brexit Cooperation Arrangements
Regulators agree to continue cooperation uninterrupted after the UK leaves the EU.
FCA Fines Goldman Sachs £34.3 Million for Reporting Failures
Firm allegedly made more than 220 million errors over nearly a decade.
FCA Issues No-Deal Brexit Tips for Firms
UK regulator says it has prepared for a range of scenarios for when the UK leaves the EU.
UK Regulators Issue Joint Pensions Strategy
The FCA, TPR address fundamental changes in pensions sector.
UK Pension Scam Victims Lost Average of £91,000 in 2017
Regulators TPR, FCA launch ad campaign to alert the public to pension fraud.
FCA Looks to Protect Consumers’ Pensions
UK financial body launches consultation on proposed measures to help plan participants.
FCA Proposes Pension Risk Transfer Changes
Watchdog considering banning ‘contingent charging.’