FCA eyes action against pension introducer firms

The Financial Conduct Authority (FCA) is looking into the activities of unauthorised pension introducer firms Unregulated introducers seem to be involved in a number of recent IFA firm failures and Financial Ombudsman Service (FOS) decision notices. Many IFA firms use lead generators. There are many reputable names that provide client leads, such as Oportura, Unbiased […]

Pensions and regulation hit the Commons

Financial services took over the House of Commons last week with a debate double bill: transitional payments for women hit by state pension age rises, and a motion of ‘no confidence’ in the Financial Conduct Authority (FCA). Sparks flew in both debates as MPs raised the issues more commonly found in the New Model Adviser® […]

FCA chief warns firms not to ‘underestimate’ new EU rules

Interim Financial Conduct Authority (FCA) chief executive Tracey McDermott has warned financial firms not to underestimate the impact of new EU regulations. In a speech at Bloomberg’s offices in London, McDermott (pictured) said retail firms ‘shouldn’t underestimate’ the impact of the Markets in Financial Instruments Directive (Mifid II) despite significant crossover with existing rules. ‘On retail […]

Consumer Credit Compliance signs with Fantastic Media

Consumer Credit Compliance, experts in Financial Conduct Authority (FCA) regulated compliance, has appointed Fantastic Media as its marketing agency. Established in 2013 by managing Directors Ian Beardmore and David Petty, the Harrogate-based company handles FCA compliance for hundreds of businesses across the UK in a range of sectors from automotive and retail, to manufacturing and […]

Ongoing Client Support services grows in popularity

Many of Consumer Credit Compliance clients wonder about the issue of ongoing support, especially concerning the annual GABRIEL Reporting function, which is a mandatory part of FCA Authorisation (once a year for those who have Limited Permission and twice a year for those with Full Permission). That’s why we have developed ongoing client support services, which […]