Financial Conduct Authority

Bank of England calls for crackdown on fund managers after mini-budget pension crisis

Bank of England calls for crackdown on fund managers after mini-budget pension crisis

“Perhaps if their advisors had been more sensitive to managing stress levels like this, some of that risk would have been managed more effectively,” he told the Treasury Select Committee. The Bank of England was forced to buy £19bn of UK government bonds in late September and early October after sharp moves in the government …

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One in five companies prevented from entering the consumer investment market

One in five companies prevented from entering the consumer investment market

O According to the city regulator, one in five applications from companies wishing to join the consumer investment market in 2021/22 have not been approved or have been withdrawn. The Financial Conduct Authority (FCA) has said it wants to help people invest with confidence, while seeking to reduce the number of people who are persuaded …

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