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Advice Guidance Boundary Review: November 2024 update
The FCA has set out the next steps in our work on closing the advice gap, following feedback on our Discussion Paper (DP23/5). -
FCA bans Steven Hodgson and Paul Adams for pension transfer advice failings
The FCA has banned Steven Hodgson and Paul Adams of Vintage Investment Services from advising any customers on pension transfers and opt outs. -
MCI Global Investment Advisors Limited enters liquidation
MCI Global Investments Advisors Limited has entered into Creditors Voluntary Liquidation. Gareth Howarth of Path Business Recovery Limited was appointed as Liquidator. -
FCA writes to Novus Black Fund investors
The FCA has written to investors in Novus Black Fund UK Ltd. -
FCA cracks down on illegal finfluencers
We have launched targeted action against finfluencers who may be touting financial services products illegally. -
FCA imposes restrictions on Business Agent Limited from regulated activities over 'Nextcrowd' failings
The FCA has placed restrictions on Business Agent Limited. -
FCA fines Volkswagen Finance £5.4m over treatment of customers in financial difficulty
The FCA has fined Volkswagen Financial Services (UK) Limited (Volkswagen Finance) £5,397,600 for failing to treat its customers in financial difficulty fairly. -
FCA launches premium finance market study alongside new Government insurance taskforce
The FCA has announced a package of work in the insurance market amid concerns about rising prices, alongside the launch of the Government motor insurance taskforce. -
Extension to motor finance complaint handling pause confirmed
We have extended the pause to the deadline for motor finance firms to provide a final response to customer complaints regarding discretionary commission arrangements (DCA) until 4 December 2025. -
FCA publishes update on cash savings market and fair value
We have published an update on the actions we have taken since our July 2023 cash savings market review, and the work we have done with the largest 9 firms on the value they provide.