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By: Richard Lloyd

1 Article
  • The City watchdog I chair is becoming more innovative – and assertive

    RICHARD LLOYD OBE

    Richard Lloyd OBE is the interim chair of the Financial Conduct Authority Our annual report shows the Financial Conduct Authority continues to change. Becoming more innovative, assertive and adaptive.   We are being tougher on firms that want to operate in the UK to make our markets safer. Last year one in five applicants didn’t [...]

    The FCA said that 83 per cent of the firm's DB scheme transfer advice "failed to comply with its minimum required standards, and customers risked financial loss as a result of the poor advice they received".

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