05/16/2025
Simplify Consulting on FCA Survey about one-in-10 have no cash savings
The UK remains risk-adverse, which creates a larger focus on property and cash savings
Legal, Regulation & Compliance
05/16/2025
QB Partners’ Gerry Brown sheds light on reservation of benefit case
The executor’s barrister argued that the ‘reservation of benefits’ provisions did not apply
05/16/2025
More people have bank accounts but one in ten have no cash savings, FCA survey reveals
Lenders also have a range of options available to help people struggling with repayments.
05/15/2025
FCA confiscates over £300,000 from convicted fraudsters
The confiscation proceedings for Reuben Akpojaro have been adjourned to a later date.
05/15/2025
FCA strips back insurance rulebook
The changes could support lower costs and wider access for the businesses and consumers who rely on insurance to manage risk, while maintaining appropriate levels of protection.
05/15/2025
DWP stats show nearly half a billion underpaid to pensioners
This serves as a reminder of the difficulty of administering a benefit that supports over 12 million people and costs £142 billion a year.
05/13/2025
ECB to stand by past stimulus policies in strategy review
Conversations with ECB policymakers suggest the euro zone's central bank will largely endorse its past largesse
05/13/2025
Two brothers plead guilty to insider dealing
Matthew West also disclosed inside information to his brother Nikolas West in relation to a fifth company, Asimilar Group Plc. Nikolas West used this inside information to deal.
05/13/2025
Data governance to set us free − speech by James Benford
Given at the Gartner Data & Analytics Summit
05/13/2025
Scottish Widows abandons Mansion House pension funds agreement
The original pact saw 11 pension funds agree to invest five per cent of their assets in private markets.
05/12/2025
Cayman best Overseas Territory on beneficial ownership register
The watchdog added that the Companies Register in Cayman would charge $30 for a single request and $100 if the information asked for related to more than one company.
05/12/2025
The heat is on: why monetary policy makers are increasingly focusing on the impact of climate risks - speech by James Talbot
Given at Oxford University
05/12/2025
What if things are different? - speech by Clare Lombardelli
Given at the Bank of England Watchers Conference, London
05/09/2025
No profit means no profit: Supreme Court reasserts the strict no-profit rule
The Supreme Court acknowledged the no-profit rule can produce harsh outcomes
05/09/2025
Review into smaller asset management firms finds most are meeting expectations
Most firms are making good progress to embed the Consumer Duty in their activities where it is relevant.
05/09/2025
The EBA updates technical standards on resolution planning reporting
These ITS promote harmonisation, proportionality and simplification in resolution planning reporting
05/09/2025
Bank of England – High inflation expectations to keep rate cuts slow and gradual
The other justification was that household inflation expectations had recently risen
05/09/2025
Monetary policy in uncertain times - speech by Andrew Bailey
Given at the Reykjavík Economic Conference, Iceland
05/08/2025
FCA consults on steps to simplify mortgage rules
This will include consideration of risk appetite and responsible risk-taking, alternative affordability testing and product innovation, lending into later life and consumer information needs.
05/08/2025
Appointed representatives data
The appointed representatives (AR) regime plays a crucial role in how consumers interact with financial services.