Under new rules proposed by the FCA, pension providers could be required to give consumers a ‘stronger nudge’ in the direction of Pension Wise and offer to book then an appointment with the government-backed advice service. Pension providers are already required to...
The FCA has published a summary of some of the main insights gained from the quarterly meetings of its Cyber Coordination Groups (CCGs) over the past year. Recognising that cyber threats and their associated harms represent a complex and evolving challenge for the...
The FCA has issued a consultation paper (CP21/8) on its proposed fees and levies for the next financial year. The consultation covers the FCA’s periodic fee rates and other fee policy proposals for the 2021/22 financial year – as well as funding for the...
The FCA’s executive director of consumers and competition Sheldon Mills spoke recently at the launch event for a report on Accelerating Black Inclusion published by think tank New Financial. Mills outlined why black inclusion matters to the regulator. ‘Diversity and...
Financial resilience is a key concern for the FCA. It’s something the regulator has continually been monitoring since February 2020, through repeated mandatory surveys. Based on the findings from these, the FCA issued a Dear CEO letter on client money arrangements in...
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