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British steel pension scheme misleading offers - update
On 26 January the FCA set out concerns about an emerging practice where some firms were making unsolicited offers to former BSPS members, ahead of the redress scheme which begins on 28 February. -
Cryptoasset firms marketing to UK consumers must get ready for financial promotions regime
All cryptoasset firms marketing to UK consumers, including firms based overseas, will soon need to comply with the new UK financial promotions regime. -
FCA appoints members to new Innovation Advisory Group
The members of our Innovation Advisory Group (IAG) will join as the group meets for the first time in February. -
FCA confirms appointment of Chair of the Payment Systems Regulator
Aidene Walsh has been appointed Chair of the Payment Systems Regulator for a three-year term. -
The FCA and Practitioner Panel joint survey for 2023 launches
The FCA and Practitioner Panel 2022/23 survey is being sent to a sample of regulated firms, to gather their feedback on how we are doing in regulating the industry. -
Restrictions placed on Nexus Independent Financial Advisers and Nexus Investment Managers
On 25 January 2023, the FCA imposed a number of restrictions on Nexus Independent Financial Advisers and Nexus Investment Managers preventing them from carrying out any regulated activities and restricting access to their assets due to concerns -
FCA reappoints Chair of the Financial Ombudsman Service for a second term
Baroness Zahida Manzoor CBE has been reappointed as Chair of the Financial Ombudsman Service. -
British Steel pension scheme misleading redress offers
The FCA are aware that certain firms are making unsolicited offers to former British Steel pension scheme (BSPS) members who have not made complaints. -
Consumer warning on pre-paid probate plans
We strongly advise you to consider carefully whether a pre-paid probate plan meets your needs and offers value before buying as there are no regulatory protections in place for you. -
Statement on wind-up of FSCB
The Financial Services Culture Board (FSCB) has supported industry in taking huge strides to improve culture following the financial crisis.