UK Financial Conduct Authority (FCA) Announces Major Restructuring

On December 8, the UK Financial Conduct Authority (FCA) announced a new strategic approach that is intended to provide a “sharper focus” for the agency as it grapples with its new responsibilities and the implementation of new European financial services regulations. Principally, the changes are justified on the basis of making the FCA’s organizational structure […]

By |December 11th, 2014|Legal|Comments Off on UK Financial Conduct Authority (FCA) Announces Major Restructuring

Pensioners Missing Out On Annuity Deals

Many pensioners are missing out on thousands of pounds of year in income because they are being sold poor value annuities that don’t best meet their needs, the City watchdog said.

In a much anticipated report into retirement income the Financial Conduct Authority concluded that the annuity market is not working as well as it could […]

By |December 9th, 2014|Finance, Legal, Savings|Comments Off on Pensioners Missing Out On Annuity Deals