The Financial Conduct Authority (FCA) is set for some “painful lessons” in reviews of the regulatory system this autumn, according to interim chief executive Chris Woolard, who said the regulator has “more to do” in changing for the better.
Speaking at City Week's International Financial Services Forum yesterday (21 September), Woolard - who is soon set to step down from his role - acknowledged criticism the FCA has faced in recent times....
Quilter has called upon the government to take action to clamp down on the dramatic rise in investment scams over the past year by including these within the scope of the forthcoming Online Safety Bill.
Integrate net zero targets into regulation
Guidance to help trustees comply with climate disclosure rules will also call on them to “act now” to protect pension savers from climate risk, The Pensions Regulator (TPR) says.
Calls for 'scam prevention minister' resurface as government grapples with industry for more support
The scam ‘epidemic’ across the pensions industry needs better government intervention in the form of a specifically appointed minister, AJ Bell has reiterated.
The government’s “double U-turn” on the retrospective use of the regulator’s new criminal powers in the Pension Schemes Act is creating damaging confusion, Lane Clark & Peacock (LCP) says.