UK - The Financial Services Authority has dropped plans to investigate a former director of Equitable Life.
The watchdog said it would not look into the conduct of Roy Ranson, 73, during his employment at the company because he was of an age where he was unlikely to apply for a position at an FSA-authorised firm or seek personal authorisation by the FSA.
If found guilty of misconduct, the FSA’s maximum penalty would have been to prevent Ranson from receiving this authorisation.
The registration deadline for the Workplace Savings & Benefits Awards 2019 is today.
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The Pensions Regulator (TPR) has granted Now Pensions a six-week extension for its master trust authorisation application after the 31 March deadline, PP can reveal.