FCA confirms ban on contingent charging for pension transfers
The Financial Conduct Authority has confirmed that it will introduce a ban on contingent charging for pension transfers. Unless there are exceptional [...]
9
06, 2020
4
06, 2020
Conviction secured over Covid email scam
A man has been remanded in custody pending sentencing after he pleaded guilty to sending fraudulent text messages related to the coronavirus [...]
2
06, 2020
MAPS explains how coronavirus has changed the work it carries out
The Money and Pensions Service (MAPS) has warned that the coronavirus outbreak could contribute to a “perfect storm” for many people who [...]
29
05, 2020
FATF highlights how coronavirus may have increased financial crime risks
The Financial Action Task Force (FATF) – which sets international standards designed to fight money laundering and other financial crime - has [...]
28
05, 2020
FCA extends mortgage holidays by three months
The Financial Conduct Authority has announced that lenders will have to provide borrowers with an additional three-month payment holiday in certain circumstances [...]
27
05, 2020
FCA confirms extension to period that an employee can stand in for an absent Senior Manager
The Financial Conduct Authority has announced that it is now possible for another person to deputise for an absent senior manager [...]
26
05, 2020
Former bank governor and ex-minister confirmed as speakers at trade body’s Virtual Fest
The Personal Investment Management & Financial Advice Association (PIMFA) has announced two high profile speakers for its Virtual Fest at the start [...]
22
05, 2020
FSCS will soon be in a position to issue the first LCF advice decisions
The Financial Services Compensation Scheme (FSCS) says it will start to issue decisions on London Capital & Finance (LCF) claims by the [...]
21
05, 2020
FCA says no change to its instructions to firms following Government’s lockdown easing
The Prime Minister went on television on the evening of Sunday May 10 and announced a partial easing of the UK’s lockdown, [...]
14
05, 2020
Calls for urgent government help for lenders as Covid forbearance requests hit 1.2 million
Trade association the Finance and Leasing Association (FLA) has called for urgent Government assistance to be provided to the personal finance sector [...]