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Ziglu Limited enters special administration
Ziglu Limited has entered special administration. David Shambrook and Damian Webb of RSM Restructuring Advisory LLP were appointed as special administrators. -
Authorities revise Memorandum of Understanding in relation to payments in the UK
The MoU provides an opportunity to strengthen coordination between the Bank of England, FCA, PRA, and PSR. -
FCA to scrutinise whether pure protection market provides fair value to consumers
The FCA has launched a market study into how well the distribution of pure protection insurance products is working for consumers. -
FCA sets out how mortgage firms should be supporting borrowers
The FCA has set out ways that mortgage firms can help customers worried about their mortgage payments due to the cost of living squeeze. -
Guidance for firms supporting their existing mortgage borrowers impacted by the rising cost of living
The FCA is consulting on draft guidance explaining a range of options firms have to support customers, including varying a contract for forbearance purposes. -
We confirm periodic review of pension transfers redress guidance
This statement confirms that the FCA intends to start a periodic review of the redress guidance by the end of 2021 and sets out its expectations of firms while the review is ongoing. -
Publication of costs and charges data by workplace personal pension providers
Our expectations of providers for the first publication of costs and charges information under the new rules. -
FCA confirms Finalised Guidance for advising on Defined Benefit transfers
Defined Benefit Pension transfer guidance -
East West Insurance Company Limited enters administration
Insurance firm East West was placed into administration on 12 October 2020. Richard Barker and Simon Edel, both of Ernst & Young LLP, were appointed as Joint Administrators. -
FCA provides guidance to firms on maintaining access to cash for customers
The FCA wants to ensure that firms treat their customers fairly when closing a branch or ATM, including considering what alternatives they can provide their customers.