FCA

The Financial Conduct Authority (FCA) will find poor practice and mis-selling when it delves into the non-advised annuity sales market, according to PP readers.

Top stories online this week include a telling decision from the Ombudsman on transfers, negotiations over Tesco's scheme closure and details of a contentious £37bn funding settlement.

The Financial Conduct Authority (FCA) is investigating thousands of annuities sold on a non-advised basis since 2008 to see if they were unsuitable for savers.

Royal London has urged the Financial Conduct Authority (FCA) to increase awareness of the tax implications of cashing out a pension pot at retirement.

The government should focus on ensuring the pension reforms are successful before rolling out a single regulator and independent commission, according to the pensions minister.

A major review into consumer access to the financial advice market has been launched by HM Treasury and the Financial Conduct Authority (FCA).

Fraudsters have compiled a database of nearly 200,000 people - with an average age of 74 - on so-called "suckers lists".

Senior bankers found guilty of misconduct could face their bonuses being clawed back up to ten years after award following a major stiffening of rules by financial regulators.

The pensions industry is overpopulated with acronyms and many in the sector would be relieved if there were fewer of them. But IGC - the independent governance committee - are three letters that cannot be ignored.

The chief executive of the Financial Conduct Authority (FCA) Martin Wheatley is to step down in September, the regulator announced today, because the Treasury wanted a change of leadership, a source close to the FCA said.