The Financial Conduct Authority FCA will be collecting data from all financial advice firms which hold pension transfer permissions during this year the regulator s head of supervision has revealed[...]
Inspirational Financial Management is the latest firm to stop advising on defined benefit transfers after intervention from the Financial Conduct Authority FCA as part of the watchdog s work on the British Steel Pension Scheme BSPS[...]
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The work and pensions select committee has published documents it believes raise serious concerns about how the FCA has handled the British Steel Pension Scheme saga. The documents are responses from the FCA, the financial advice firm Active Wealth and “introducer” firm Celtic Wealth, following evidence on BSPS in parliament in December 2017. The responses …[...]
Active Wealth, the advice firm that voluntarily suspended its defined benefit (DB) transfer permissions during the British Steel Pension Scheme (BSPS) saga,has been on the radar of the Financial Conduct Authority (FCA) for year.[...]
The Financial Conduct Authority (FCA) has announced it will collect data on financial advisers authorised to provide pension transfer advice during this[...]
The chair of the MPs’ Committee for Work and Pensions has slammed the UK regulator the Financial Conduct Authority (FCA) as “grossly inadequate” over the British Steel pensions mis-selling scandal and has warned it to be careful that it is not “sleepwalking into yet another huge mis-selling scandal”.  The comments by MP for Birkenhead Frank …[...]
Every firm with permission to advise on defined benefit pension transfers will be asked to provide data to the Financial Conduct Authority as part of a probe into practices across the market.[...]


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